by AIP Online Bureau | Jun 26, 2022 | Banking & Bancassurance, Indian News, Risk Management, Technology
The ministry also urged the heads of the public sector lenders to strengthen IT security systems and cybersecurity to check fraud New Delhi: The Finance Ministry has asked public sector banks to explore fintech partnerships and co-lending opportunities to expand their...
by AIP Online Bureau | Jun 8, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Intermediaries, Technology
More than 50 lakh banking correspondents across the country are carrying out ”cash in cash out” kind of transactions using the system, UIDAI CEO Saurabh Garg said ”There is a need for a proper cyber security system, real time disputes to be solved...
by AIP Online Bureau | Apr 21, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Technology
“It is a challenge between the value which has been created in each of these enterprises and then there is a valuation expectation. I think there is a discord between the value and the valuation,” Kamath, who is the chairman of National Bank for Financing...
by AIP Online Bureau | Mar 18, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Technology, Trends, Facts
According to Moody’s Investors Service, the introduction of the Unified Payment Interface (UPI) in 2017, which allows funds to be transferred instantaneously, has been a key catalyst to the development of digital payments due to the ease of use of apps running...
by AIP Online Bureau | Dec 3, 2021 | Eco/Invest/Demography, Indian News, Life, Non-Life, Pension & Social Security, Policy, Technology
Prime Minister Narendra Modi “When income grows, investment becomes possible. Insurance coverage enables greater risk-taking ability and investments. Institutional credit gives wings for expansion. And We have worked on each of these pillars. When all these factors...
