by AIP Online Bureau | Apr 24, 2022 | Banking & Bancassurance, Indian News, Regulation
It revealed non-compliance with the relevant directions to the extent the bank failed to credit (shadow reversal) the amount involved in the unauthorised electronic transaction to the customer’s account within 10 working days from the date of notification by the...
by AIP Online Bureau | Apr 8, 2022 | Banking & Bancassurance, Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Regulation
Some regulatory initiatives in the area of climate risk and sustainable finance would also help the REs to better handle climate risk and guide them in the transition period The RBI is planning to set up a committee to examine and review the state of customer service...
by AIP Online Bureau | Apr 8, 2022 | Eco/Invest/Demography, Indian News, Reinsurance, Risk Management
Shaktikanta Das,Governor,RBI Keeping the approach ” cautious, but proactive”, RBI Governor Shaktikanta Das said that the RBI is emphasizing on three different aspects which will place India in a position that would enable it to deal with the merging crisis...
by AIP Online Bureau | Apr 7, 2022 | Eco/Invest/Demography, Editorial, Indian News, Policy, Technology
RBI is planning to come out with a central bank backed digital currency using blockchain technology in 2022-23. As far as India is concerned, he emphasised that RBI is looking at Central Bank Digital Currency (CBDC) as just as the digital form of paper currency and no...
by AIP Online Bureau | Mar 22, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation, Wealth Management/ Philanthropy
Shatikanta Das,Governor,Reserve Bank of India Firmly ruling out the prospects of the economy falling into stagflation — a situation of prices shooting over the roof and growth plunging — Reserve Bank Governor Shatikanta Das on Monday instead said prices...
