by AIP Online Bureau | Nov 19, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Technology
The matter of mandating last date for adoption of 1600 series by the entities in the insurance sector is under discussion with IRDAI, and will be notified subsequently, the official statement said. The structured and time-bound adoption of the 1600-series is expected...
by AIP Online Bureau | Nov 13, 2025 | Banking & Bancassurance, Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Risk Management, Technology
In terms of risk management practices, the report pointed out that deploying AI technologies introduces new technical risks and increases reliance on third-party vendors. At the same time, AI can help banks improve risk identification, monitoring, and pricing. New...
by AIP Online Bureau | Oct 27, 2025 | Banking & Bancassurance, Indian News, Policy, Regulation
Foreign interest in India’s banking industry is on the rise as evidenced by Dubai-based Emirates NBD’s recent $3 billion purchase of a 60% stake in RBL Bank and Sumitomo Mitsui Banking Corp’s $1.6 billion acquisition of a 20% stake in Yes Bank which...
by AIP Online Bureau | Sep 13, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Risk Management, Technology
M Nagaraju, Financial Services Secretary Key suggestions included adopting next-generation technologies, building common infrastructure, and designing hyper-personalized products. The discussions stressed the importance of modernising PSB technology by moving beyond...
by AIP Online Bureau | Sep 12, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy
The issue of globally competitive banks was deliberated during the first day of the two-day-long PSB Manthan 2025, organised by the Department of Financial Services here, One of the key points discussed was how to make at least two banks globally competitive and that...
