by AIP Online Bureau | Jun 6, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Risk Management, Technology
In absence of any regulation, cryptocurrency is not yet illegal in India. India is currently working on a discussion paper for cryptocurrencies and an inter-ministerial group (IMG), comprising officials from RBI, Sebi and finance ministry, is looking into global norms...
by AIP Online Bureau | Jun 6, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation
Sanjay Malhotra,Governor,Reserve Bank of India Explaining Friday’s cut, RBI Governor Sanjay Malhotra said inflation had softened significantly, giving space for continuing policy easing and front loading of rate cuts. The central bank has a 4% inflation target...
by AIP Online Bureau | Jun 3, 2025 | Banking & Bancassurance, Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
The RBI data showed a clear trend of increasing preference for term deposits over the past few years. Higher interest rates on these deposits encouraged more people to invest in them. New Delhi: The growth of bank deposits in India slowed down to 10.6 per cent...
by AIP Online Bureau | Jun 3, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation
Banking remains one of the most guarded sectors of the Indian economy. While foreigners including portfolio investors can own up to 74%, regulations limit a strategic foreign investor’s stake to 15%. MUMBAI: The Indian banking regulator is signalling possible...
by AIP Online Bureau | May 29, 2025 | Banking & Bancassurance, Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management
The RBI flagged global financial market volatility, geopolitical tensions, trade fragmentation, supply-chain disruptions and climate-induced uncertainties as factors posing downside risks to the growth outlook and also upside risks to the inflation outlook. Mumbai:...