by AIP Online Bureau | Jan 17, 2022 | Eco/Invest/Demography, Facts, Risk Management
Key reasons identified for the increase in fraud incidents over the next two years include large-scale remote working models, increase in customers using non-branch banking channels and the limited/ineffective use of forensic analytics tools to identify potential red...
by AIP Online Bureau | Jan 4, 2022 | Banking & Bancassurance, Regulation, Risk Management
SIBs are perceived as banks that are ‘too big to fail (TBTF)’. This perception of TBTF creates an expectation of government support for these banks in times of distress. Due to this perception, these lenders enjoy certain advantages in the funding markets....
by AIP Online Bureau | Dec 16, 2021 | Banking & Bancassurance, Eco/Invest/Demography, Indian News
AIBOC General Secretary Soumya Dutta said about 7 lakh bank staffers across the country are participating in the two-day strike. It is unfortunate that operations of over 1 lakh branches of banks and regional rural banks have been impacted due to the strike because of...
by AIP Online Bureau | Dec 12, 2021 | Banking & Bancassurance, Indian News, Policy
To augment their resources, banks would be encouraged to raise funds from the market and also by selling their non-core assets New Delhi: The government is unlikely to announce capital infusion for public sector banks (PSBs) in the upcoming Budget, as their financial...
by AIP Online Bureau | Nov 27, 2021 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Risk Management
Bajaj Group, Piramal Group and Reliance Industries had shown interest in expanding into banking, Mumbai: India’s central bank said on Friday it would reform rules on the structure of private sector banks but a source familiar with the matter said the changes...