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New York still top, Singapore overtakes Hong Kong in global finance centre ranking

New York still top, Singapore overtakes Hong Kong in global finance centre ranking

by AIP Online Bureau | Sep 22, 2022 | Eco/Invest/Demography, International News, Technology

“London’s second position looks secure but needs a significant global change to once again challenge for the top place,” said Michael Mainelli, chairman of Z/Yen LONDON: New York remains far and away the world’s most favoured financial centre, with...
RBI wants fintech operators to follow rules of game: Shaktikanta Das

RBI wants fintech operators to follow rules of game: Shaktikanta Das

by AIP Online Bureau | Sep 20, 2022 | Indian News, Intermediaries, Regulation, Risk Management, Technology

Shaktikanta Das,governor, RBI The statement assumes importance in the wake of the recent incidences wherein a few people who borrowed through these apps have been forced to commit suicide and the last week’s incidence of a young pregnant woman being mowed down...
Tier 2, 3 cities becoming centre of economic activities, states should start planning from now: PM Modi

Tier 2, 3 cities becoming centre of economic activities, states should start planning from now: PM Modi

by AIP Online Bureau | Sep 20, 2022 | Eco/Invest/Demography, Indian News, Policy, Technology

Prime Minister Narendra Modi “The states should start planning of tier 2 and tier 3 cities from now. Tier 2 and Tier 3 cities are now becoming the centre of economic activities. Our startups are taking place in those cities. We should focus on developing...

FinMin asks banks to explore fintech partnership, co-lending opportunities

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...

Indian fintech market expected to reach USD 150 bn in valuation by 2025: MoS Finance

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...
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