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...
by AIP Online Bureau | Feb 7, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation
Sanjay Malhotra,Governor,Reserve Bank of India The Monetary Policy Committee (MPC), which consists of three RBI and three external members, favoured a rate cut to provide stimulus to the sluggish economy, which is expected to grow at its slowest pace in four years in...
by AIP Online Bureau | Feb 5, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
The potential rate cut is coming after the domestic rate-setting panel has kept the policy repo rate unchanged for the last 11 consecutive meetings — after raising it by 250 bps between May 2022 and February 2023 New Delhi: The Reserve Bank of India (RBI), in...
by AIP Online Bureau | Feb 4, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management
“The fiscal policy and the monetary policy need to work in tandem, not at cross purposes
Because a lot more benefit will come also with monetary easing, if we are able to maintain inflation control.The Budget has projected a 4.4 per cent fiscal deficit in...