by AIP Online Bureau | Aug 5, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
Shaktikanta Das,Governor,Reserve Bank of india This is the third consecutive rate hike after a 40 basis points in May and 50 basis points increase in June. In all, the RBI has raised benchmark rate by 1.40 per cent since May this year “With growth momentum...
by AIP Online Bureau | Aug 2, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Pension & Social Security, Policy, Regulation
The index captures information on various aspects of financial inclusion in a single value ranging between 0 and 100, where 0 represents complete financial exclusion and 100 indicates full financial inclusion. In August last year, the central bank said it has been...
by AIP Online Bureau | Aug 1, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News
”The heat wave was the key domestic factor responsible for pushing up food prices this year,” it said, pointing to a 2020 RBI study which said macroeconomic impact of climate change on food inflation has been statistically significant for India over the...
by AIP Online Bureau | Jul 29, 2022 | Banking & Bancassurance, Climate, Environment, Renewable Energy, Indian News, Policy, Regulation
Regulated entities (REs) should address financial risks arising from climate change and environmental degradation, through its risk management framework, in line with Board-approved risk appetite statement, risk management strategy and business plan, said the RBI...
by AIP Online Bureau | Jul 29, 2022 | Banking & Bancassurance, Facts, Technology
With the Indian growth story counting heavily on its young population and more than 50 per cent of the population below the age of 28, the report assesses future consumer trends will be dictated by the first generation of truly digital natives in the banking sector...
