by AIP Online Bureau | Dec 2, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology
Expressing concern over the rising sums of money lying in such accounts, the RBI said its supervisory inspections have revealed a slew of problems due to which accounts are becoming inoperative or get frozen Mumbai: The RBI on Monday asked banks to...
by AIP Online Bureau | Nov 24, 2024 | Banking & Bancassurance, Briefs, Life, Non-Life, Regulation
The Reserve Bank of India (RBI) has approved state owned Central Bank of India’s entry into the insurance business through a joint venture with Generali group under Future Generali India Insurance Company Ltd (FGIICL) and Future Generali India Life Insurance...
by AIP Online Bureau | Nov 19, 2024 | Banking & Bancassurance, Indian News, Regulation, Risk Management, Technology
In a statement Tuesday, RBI said it has come to their notice that fake videos of the Governor (Shaktikanta Das) are being circulated in social media that claim launch of or support to some investment schemes by the RBI Mumbai:The Reserve Bank of India (RBI) has...
by AIP Online Bureau | Oct 27, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation, Technology, Wealth Management/ Philanthropy
Shantikanta Das,Governor, Reserve Bank of India “I am actually of the opinion that this is something which should not be allowed to dominate the financial system. Because it has huge financial stability risks, it has huge monetary stability risks, it also poses...
by AIP Online Bureau | Oct 15, 2024 | Banking & Bancassurance, Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management
Michael Patra, Deputy Governor, RBI Central banks face an “existential threat” to their inflation mandates from climate change through supply shocks, such as food and energy shortages, and a decline in productive capacity, Michael Patra said at a...