by AIP Online Bureau | Mar 26, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management
“India has made substantial progress on financial inclusion with 94 per cent of adults now having a bank account, It must be ensured that regulations do not create unintended barriers to financial inclusion. We need to be mindful of customer rights and...
by AIP Online Bureau | Mar 17, 2025 | Eco/Invest/Demography, Indian News, Regulation, Technology
Other areas where the banks need to focus on from a customer service perspective are misselling, digital frauds, and aggressive recoveries practices, said RBI Governor Sanjay Malhotra Mumbai: Reserve Bank of India (RBI) Governor Sanjay Malhotra on Monday asked banks...
by AIP Online Bureau | Mar 15, 2025 | Banking & Bancassurance, Indian News, Regulation, Technology
Earlier this week, IndusInd Bank disclosed a discrepancy in accounting with an estimated impact of 2.35 per cent of the bank’s net worth. Soon after the disclosure, massive price correction in the bank’s scrip was witnessed. Mumbai: The Reserve Bank on...
by AIP Online Bureau | Mar 15, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy, Regulation
Sanjay Malhotra, Governor,RBI Speaking at a Reserve Bank Of India (RBI) event in Delhi, Malhotra said one of the major constraints in having sufficient climate-related financing is the lack of projects with a high probability of repayment New Delhi: Indian banks and...
by AIP Online Bureau | Mar 12, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation
The account aggregator framework facilitates secure and seamless exchange of specified financial information through Non-Banking Financial Company-Account Aggregators, which act as intermediaries between Financial Information Providers (FIPs) and Financial Information...
