by AIP Online Bureau | Sep 17, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation, Wealth Management/ Philanthropy
Shaktikanta Das, Governor, Reserve Bank of India I would like to sort of step back and look more carefully at what is the future trajectory of inflation and growth, and based on that, we will take a decision,” Reserve Bank of India (RBI) Governor Shaktikanta Das...
by AIP Online Bureau | Aug 29, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Technology
Shaktikanta Das,Governor,RBI RBI Governor Shaktikanta Das said to build a financial system that serves the broader society, it was essential to give priority to digital financial inclusion. While significant strides have been made in expanding financial inclusion, the...
by AIP Online Bureau | Aug 24, 2024 | Banking & Bancassurance, Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
The report added that for now, however, the decline in real HH income, which accounts for 78 percent of GDP, suggests that any recovery will be gradual at best. This will likely continue to weigh on real GDP growth and present challenges for the banking sector New...
by AIP Online Bureau | Aug 20, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Regulation
In his petition, Swamy alleged Axis Bank made undue profits totalling Rs 4,000 crore from the sale and purchase of equity shares of Max Life in a non-transparent manner and in violation of the applicable regulations New Delhi: Stating that it should not act as a...
by AIP Online Bureau | Aug 13, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation
Michael Debabrata Patra,Deputy Governor,RBI Currently, the deposit insurance coverage limit (Rs 5,00,000 or approximately USD 6,000), fully protects 97.8 per cent of deposit accounts and 43.1 per cent of deposit value in India. Jaipur: India’s Deposit Insurance and...
