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...
by AIP Online Bureau | May 5, 2025 | Data, Eco/Invest/Demography, Regulation
In value terms (USD), the share of gold in the total foreign exchange reserves increased from 9.32 per cent at end-September 2024 to about 11.70 per cent at end-March 2025, according to the RBI’s ‘Half Yearly Report on Management of Foreign Exchange Reserves’. New...
by AIP Online Bureau | Apr 27, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology
Sanjay Malhotra,Governor,Reserve Bank of India . Malhotra highlighted that proactive government policies present unparalleled opportunities for investment in sunrise sectors such as space, semiconductors, renewable energy, and electric vehicles (EVs) Washington: India...
by AIP Online Bureau | Apr 15, 2025 | Indian News, Regulation, Technology
The paid-up share capital of the proposed company will be Rs 27 crore New Delhi: PB Fintech, the parent entity of Policybazaar, on Tuesday said its subsidiary had secured payment aggregator licence from the RBI. Last year, the company had announced setting up a...
