by AIP Online Bureau | Nov 24, 2024 | Banking & Bancassurance, Briefs, Life, Non-Life, Regulation
The Reserve Bank of India (RBI) has approved state owned Central Bank of India’s entry into the insurance business through a joint venture with Generali group under Future Generali India Insurance Company Ltd (FGIICL) and Future Generali India Life Insurance...
by AIP Online Bureau | Dec 31, 2023 | Eco/Invest/Demography, International News, Risk Management
Combined with disruptions at a drought-stricken Panama Canal in the Western Hemisphere, the rise in merchant shipping rates poses headwinds for central bankers in their inflation fight Shipping costs are rising as hundreds of container ships that typically transit the...
by AIP Online Bureau | Oct 24, 2023 | Eco/Invest/Demography, Features, Policy, Regulation, Risk Management, Technology
“ECB is one of the biggest central banks, so if it comes up with answers to the privacy and cyber security issues and the ability to use it offline, it will be a very influential.”Josh Lipsky, who runs a global CBDC tracker at the Atlantic Council. A...
by AIP Online Bureau | Jul 25, 2023 | Banking & Bancassurance, Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Regulation, Risk Management
”For this to materialise, central banks can incorporate climate-related risks into their supervisory frameworks and can contribute to the development of frameworks and standards for green finance. These frameworks can help promote transparency, standardization,...
by AIP Online Bureau | Apr 24, 2022 | Banking & Bancassurance, Indian News, Regulation
It revealed non-compliance with the relevant directions to the extent the bank failed to credit (shadow reversal) the amount involved in the unauthorised electronic transaction to the customer’s account within 10 working days from the date of notification by the...
