by AIP Online Bureau | May 9, 2023 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Policy, Regulation
Finance Minister Nirmala Sitharaman Economic Affairs Secretary Ajay Seth it was deliberated that regulators should conduct a special drive to facilitate the settlement of unclaimed deposits and claims in the financial sector across all segments, such as banking...
by AIP Online Bureau | Mar 21, 2023 | Banking & Bancassurance, Eco/Invest/Demography, International News, Regulation
Treasury Department staff are reviewing whether federal regulators have enough emergency authority to temporarily insure deposits greater than the current $250,000 cap on most accounts without formal consent from a deeply divided Congress, according to people with...
by AIP Online Bureau | Mar 20, 2023 | Banking & Bancassurance, Data, Risk Management
Analysis of insured customer deposits across multiple geographies initiated in the wake of bank runs across developed economies reveal US’s top 10 banks deposits are insured in the range of 38.4-66 per cent, according to a research titled, Ecowrap, of the State...
by AIP Online Bureau | Jul 28, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Life, Wealth Management/ Philanthropy
“In the next few months if the trend continues then we will have no other option but to raise deposit rates because the market conditions are also not very favourable for us to go to the market to raise growth capital,” said a senior executive at a...
