by AIP Online Bureau | Sep 5, 2023 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Risk Management
The RBI Deputy Governor said India was in a “sweet spot” to grow robustly, despite global turmoil and monsoon risks to growth, and to do so, developing credit markets was essential Kozhikode (Kerala): India is on the path to become a solid global player...
by AIP Online Bureau | Sep 2, 2023 | Eco/Invest/Demography, Indian News, Policy, Regulation, Technology
“We have encouraged digital payment but the main challenge on the UPI is that it usually needs a smartphone but in our country, a large number of people are using feature phones. We have launched some products to make feature phones to operate the UPI system as well....
by AIP Online Bureau | Aug 18, 2023 | Data, Eco/Invest/Demography
The launch of the web portal will aid users to identify their unclaimed deposits/ accounts and enable them to either claim the deposit amount or make their deposit accounts operative at their respective banks, the release read. The search facility for remaining banks...
by AIP Online Bureau | Aug 13, 2023 | Banking & Bancassurance, Indian News, Regulation, Technology
The RBI is looking to extensively use advanced analytics, artificial intelligence and machine learning to analyse its huge database and improve regulatory supervision over banks and NBFCs. For this purpose, the central bank plans to hire external experts Mumbai: The...
by AIP Online Bureau | Aug 12, 2023 | Banking & Bancassurance, Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management
”Green flows today are dependent on ESG (Environment, Social, Governance) ratings. Recent research shows that these ESG ratings do not adequately reflect financial and non-financial materialities of these investments. Therefore, there is a need to ensure that...
