by AIP Online Bureau | Feb 22, 2024 | Articles, Eco/Invest/Demography, Regulation, Risk Management, Technology
Media reports suggest that more non-bank intermediaries after Paytm Payments Bank may expect a rap on the knuckles. Just what has made the Reserve Bank of India so cranky all of a sudden? Andy MukherjeeFirst, Paytm was asked to freeze its banking business, a crackdown...
by AIP Online Bureau | Dec 17, 2023 | Eco/Invest/Demography, Indian News, Intermediaries, Life, Technology
Siddhartha Mohanty,Chairman,LIC ”The focus would be how to cover maximum rural masses who actually need insurance. In coming days, rural share will also go up to our total business kitty.’Customers need not come to the office. Sitting at home on his mobile...
by AIP Online Bureau | Nov 26, 2023 | Indian News, Life, Technology
Siddhartha Mohanty, Chairperson, LIC, administering the Pledge of Preamble to the employees of the corporation on the occasion of Constitution Day on Sunday ”Our objective is to get best in class digital initiatives for all our stakeholders, customers,...
by AIP Online Bureau | Oct 5, 2023 | Banking & Bancassurance, Data, Eco/Invest/Demography, Regulation, Technology
The sector witnessed significant growth in specific segments with alternative lending, banking tech and RegTech emerging as top performers in the first half this year Bengaluru: India’s fintech sector saw a 68 per cent surge in funding in the July-September period...
by AIP Online Bureau | Sep 7, 2023 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology
“Regulation can wait a bit longer but what is needed more urgently is better governance standards and a mechanism focused on customer centricity, data privacy and data protection, among others,” Ajay Chaudhary, an executive director who heads the fintech...
