by AIP Online Bureau | Mar 10, 2025 | Banking & Bancassurance, Indian News, Regulation, Technology
Sanjay Malhotra,Governor , RBI “We will continue to encourage innovation while promoting safety and security through soft touch regulations,” the RBI chief said and added that the central bank has adopted a soft-touch approach to regulating the payments...
by AIP Online Bureau | Mar 6, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News
Sanjay Malhotra, Governor, RBI The regulator would continue to adopt a “consultative approach,” the central bank said, adding that new-age technology companies such as payment system players and account aggregators played an important role in the growth of India’s...
by AIP Online Bureau | Feb 19, 2025 | Banking & Bancassurance, Data, Eco/Invest/Demography, Regulation, Technology
Further, the app’s ‘Banking Outlet’ section will help users find banking facilities within 20 kilometres of their location and they can also access data about SAARC countries through the ‘SAARC Finance’ Mumbai: Reserve Bank on Tuesday...
by AIP Online Bureau | Feb 7, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation, Risk Management, Wealth Management/ Philanthropy
“Such forward contracts will enable long-term investors such as insurance funds to manage their interest rate risk across interest rate cycles. They will also enable efficient pricing of derivatives that use bonds as underlying instruments,” said Sanjay...
by AIP Online Bureau | Feb 7, 2025 | Banking & Bancassurance, Indian News, Regulation, Risk Management, Technology
With increased instances of fraud in digital payments becoming a significant concern, this initiative aims to reduce cyber security threats and malicious activities like phishing; and, streamline secure financial services, thereby enhancing trust in digital banking...
