by AIP Online Bureau | Jun 3, 2025 | Banking & Bancassurance, Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
The RBI data showed a clear trend of increasing preference for term deposits over the past few years. Higher interest rates on these deposits encouraged more people to invest in them. New Delhi: The growth of bank deposits in India slowed down to 10.6 per cent...
by AIP Online Bureau | Jun 3, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation
Banking remains one of the most guarded sectors of the Indian economy. While foreigners including portfolio investors can own up to 74%, regulations limit a strategic foreign investor’s stake to 15%. MUMBAI: The Indian banking regulator is signalling possible...
by AIP Online Bureau | May 29, 2025 | Banking & Bancassurance, Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management
The RBI flagged global financial market volatility, geopolitical tensions, trade fragmentation, supply-chain disruptions and climate-induced uncertainties as factors posing downside risks to the growth outlook and also upside risks to the inflation outlook. Mumbai:...
by AIP Online Bureau | May 29, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology
The central bank would also focus on enhancing cyber resilience and capabilities of Supervised Entities (SEs) by implementing the recommendations of the inter-regulatory Working Group, which has uniform baseline cybersecurity guidelines for financial entities, RBI...
by AIP Online Bureau | May 23, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Regulation, Risk Management, Technology
“In order to further ease the process for the convenience of customers, the instructions regarding updation/periodic updation of KYC are being amended with the intent , inter alia, to allow BCs to facilitate in the process of KYC and KYC updation,” he...
