by AIP Online Bureau | Aug 12, 2024 | Banking & Bancassurance, Indian News, Life, Non-Life, Regulation
The tribunal was hearing a petition filed by the Hindujas, seeking modification of its July 23 order and an ‘extension to complete the obligations’ for implementing the resolution plan Mumbai: The National Company Law Tribunal on Monday directed the...
by AIP Online Bureau | Aug 10, 2024 | Eco/Invest/Demography, Indian News, Policy, Risk Management
Finance Minister Nirmala Sitharaman “I hope that the investments are all safe… it’s too early for me to see what kind of an impact this situation in Bangladesh will have on our economy. I hope that the interim government will settle things sooner rather...
by AIP Online Bureau | Aug 10, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation, Wealth Management/ Philanthropy
In order to overcome the mismatch between deposits and lending, Sitharaman asked banks to come up with “innovative and attractive” deposit schemes to mobilise funds from the people,Nirmala Sitharaman , Finance minister Mumbai: Finance Minister Nirmala...
by AIP Online Bureau | Aug 9, 2024 | Banking & Bancassurance, Data, Eco/Invest/Demography, Regulation, Technology
Mumbai: The Reserve Bank has decided to enhance the limit for tax payments through UPI from Rs 1 lakh to Rs 5 lakh per transaction, RBI Governor Shaktikanta Das announced on Thursday. “UPI has become the most preferred mode of payment, due to its seamless features....
by AIP Online Bureau | Aug 8, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology, Wealth Management/ Philanthropy, Workplace/Employee Benefits
Alternative investment avenues are becoming more attractive to retail customers and as a result banks are facing challenges on the funding front with deposits trailing loan growth,RBI Governor Shaktikanta Das Referring to the recent incidence of unprecedented IT...