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India daily increase of record 234,692 COVID-19 infections
Customer privacy, data protection non-negotiable: RBI deputy governor
“We must generate trust amongst the customers that their data is safe and secure in all their financial relationships with regulated entities and for that – innovation and regulation should go hand-in-hand,” he said while speaking at a webinar on Open Banking organised by Tata Consultancy Services (TCS) in association with the Embassy of India in Brazil on April 14. RBI posted the speech on Friday.
Finmin widens scope of ECLGS, includes healthcare sector
“In recognition of the continuing adverse impact of COVID-19 pandemic on certain service sectors, the government has now extended the scope of ECLGS through introduction of ECLGS 3.0 to cover business enterprises in Hospitality, Travel & Tourism, Leisure & Sporting sectors which had, as on February 29, 2020, total credit outstanding not exceeding Rs 500 crore and overdues, if any, were for 60 days or less, on that date,” the statement issued last month had said.
US lawmakers welcome India”s move to increase FDI in insurance sector to 74 %
Washington: Two influential US lawmakers have applauded the...
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