by AIP Online Bureau | Nov 18, 2024 | Banking & Bancassurance, Indian News, Regulation, Risk Management
“While such practices may yield short-term gains, they ultimately expose the bank to significant long-term risks, including reputational damage, supervisory scrutiny, and financial penalties,” RBI Governor Shaktikanta Das said in a keynote address at the...
by AIP Online Bureau | Nov 16, 2024 | Articles, Eco/Invest/Demography, Life, Non-Life, Risk Management, Technology
“Cloud adoption should be viewed as the start of a transformative journey that fuels long-term business growth, rather than the end game or destination. What’s clear from our research is that while the technology is seen by financial institutions as a building block,...
by AIP Online Bureau | Sep 28, 2024 | Banking & Bancassurance, Data, Eco/Invest/Demography, Policy, Wealth Management/ Philanthropy
Alternative investments and substantial cash holdings in the unorganised sector slowed deposit accumulation, particularly in rural areas, RBI said New Delhi: Banks struggled to mobilise large deposits to meet the increasing credit demand in the last two financial...
by AIP Online Bureau | Sep 20, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Policy, Risk Management, Technology
Nirmala Sitharaman, Union Finance Minister As banks benefit from technology, they need to periodically learn to mitigate risks and improve customer service, credit assessments and fraud detection using technology, the Finance Minister noted Mumbai: As the unified...
by AIP Online Bureau | Sep 16, 2024 | Climate, Environment, Renewable Energy, Data, Eco/Invest/Demography, Policy, Technology
Addressing the inaugural session of the 4th RE-INVEST 2024, Joshi said, “we have received overwhelming commitments from the states and UTs as well as from developers, manufacturers and financial institutions to support our goal of 500 GW by 2030.” Gandhinagar: Union...
