by AIP Online Bureau | Aug 24, 2025 | Eco/Invest/Demography, Indian News, Policy
Prime Minister Narendra Modi “We are soon going to become the third-largest economy in the world. Experts are saying that India’s contribution to the world’s growth is going to be around 20 per cent very soon,” Prime Minister Narendra Modi...
by AIP Online Bureau | Aug 14, 2025 | Banking & Bancassurance, Indian News, Non-Life
In a letter made public on Monday, the Justice Department said the subsidiary, Liberty General Insurance, paid $1.47 million in bribes to six state-owned banks, which in exchange referred customers to its insurance products. Washington: US insurer Liberty Mutual will...
by AIP Online Bureau | Aug 13, 2025 | Banking & Bancassurance, Indian News, Technology
To improve the efficiency of cheque clearing and reduce settlement risk for participants, and to enhance customer experience, the RBI has decided to transition CTS from the current approach of batch processing to continuous clearing with...
by AIP Online Bureau | Aug 11, 2025 | Eco/Invest/Demography, Indian News, Risk Management
Lenders are asking borrowers more pointed questions when vetting new export financing proposals or renewals of such funding, the people said. They added that some export orders are being put on hold while trade negotiations play out between New Delhi and Washington...
by AIP Online Bureau | Aug 1, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology
MuleHunter is based on artificial intelligence and machine learning-based algorithms, and being given free to banks for now, Suvendu Pati, a chief general manager,RBI Mumbai: At least 15 more banks are set to implement the RBI-developed MuleHunter platform over the...
