by AIP Online Bureau | Dec 18, 2023 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology
Finance Minister Nirmala Sitharman said that in accordance with the revised policy, only those apps are allowed on the Play Store which are published by Regulated Entities (REs) or those working in partnership with Res New Delhi: Google has suspended or removed over...
by AIP Online Bureau | Dec 8, 2023 | Banking & Bancassurance, Eco/Invest/Demography, Health, Indian News, Regulation, Technology
“Under the e-mandate framework, an additional factor of authentication (AFA) is required for recurring transactions exceeding Rs 15,000 currently. It is now proposed to enhance this limit to Rs 1 lakh per transaction for recurring payments of mutual fund...
by AIP Online Bureau | Dec 8, 2023 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
“Monetary policy was on expected lines. The Monetary Policy Committee (MPC) kept its stance the same as withdrawal from accommodation to ensure taming inflation under target. However, at the same time, the RBI highlighted the risk of over-tightening in the...
by AIP Online Bureau | Dec 8, 2023 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation, Wealth Management/ Philanthropy
“The Indian economy presents a picture of resilience and momentum. Growth remains resilient and robust, surprising everyone. There is no plan to loosen interest rates as inflation continues to be the top priority for the central bank,” ,” Reserve...
by AIP Online Bureau | Nov 28, 2023 | Eco/Invest/Demography, Features, Policy, Regulation, Risk Management, Technology
The authors further said despite the traction observed in digital payments, cash persists due to a strong inclination of the populace to transact and save in cash Mumbai: Cybersecurity, customer protection, and cost-effectiveness are essential for sustaining the...
