by AIP Online Bureau | Jul 18, 2022 | Eco/Invest/Demography, Indian News, Regulation, Technology, Wealth Management/ Philanthropy
Finance Minister Nirmala Sitharaman Finance Minister Nirmala Sitharaman said, any legislation for regulation or for banning such currencies can be effective only after significant international collaboration on evaluation of the risks and benefits and evolution of...
by AIP Online Bureau | Jul 4, 2022 | Banking & Bancassurance, Indian News
Touted as the biggest transaction in India’s corporate history, HDFC Bank on April 4 agreed to take over the biggest domestic mortgage lender in a deal valued at about USD 40 billion, creating a financial services titan Mumbai: HDFC Bank on Monday said it has...
by AIP Online Bureau | Jul 3, 2022 | Banking & Bancassurance, Indian News, Regulation
Eligible depositors of Shankarrao Pujari Nutan Sahakari Bank will get the payment on August 10, and those of Harihareshwar Sahakari Bank on August 28, according to a DICGC circular DICGC, a wholly-owned subsidiary of the RBI, provides an insurance cover of up to Rs 5...
by AIP Online Bureau | Jun 30, 2022 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology
In the foreword to the 25th issue of the Financial Stability Report (FSR) released on Thursday, Das also said that as the financial system gets increasingly digitalised, cyber risks are growing and need special attention “We must be mindful of the emerging risks...
by AIP Online Bureau | Jun 21, 2022 | Banking & Bancassurance, Indian News, Regulation
As per the Master Direction, card issuers must seek One Time Password (OTP) based consent from the cardholder for activating a credit card, if the same has not been activated by the customer for more than 30 days from the date of issuance Mumbai: The Reserve Bank on...
