by AIP Online Bureau | Nov 25, 2021 | Eco/Invest/Demography, Intermediaries
The country’s birth rates have been steadily falling for years now, mostly because young people can’t afford to have kids, and more financially independent women have decided to embrace a single, childless lifestyle. China’s birth rate fell to its...
by AIP Online Bureau | Nov 25, 2021 | Banking & Bancassurance, Indian News, Policy, Technology
Digital banks or DBs are banks as defined in the Banking Regulation Act, 1949 (B R Act), the paper said.”In other words, these entities will issue deposits, make loans and offer the full suite of services that the B R Act empowers them to. As the name suggests...
by AIP Online Bureau | Nov 24, 2021 | Banking & Bancassurance, Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance
Banks in Turkey, Russia, Indonesia, India and China are most exposed to carbon-transition risk, with three sectors—manufacturers, transportation companies, and power producers and other utilities—accounting for more than 75% of the potential bad loan exposure, Moody’s...
by AIP Online Bureau | Nov 24, 2021 | Facts, Non-Life, Risk Management, Technology, Workplace/Employee Benefits
The K7 Cyber Threat Monitor Report Q2 2021-22 analyses the prevalence of cyberattacks across Indian cities. Delhi recorded an infection rate of 44%, the highest amongst Tier 1 cities, closely followed by Chennai, Hyderabad, and Kolkata with an infection rate of 42%...
by AIP Online Bureau | Nov 24, 2021 | Banking & Bancassurance, International News, Risk Management, Technology
Singapore is the biggest retail and wealth management market for DBS, which also has operations in places including Hong Kong, Indonesia and India. Singapore: DBS Group Holdings Ltd , Southeast Asia’s largest bank, is facing disruptions in its online banking...
by AIP Online Bureau | Nov 24, 2021 | Health, Indian News
Those offering shares through the offer-for-sale are promoter and promoter group — Safecrop Investments India LLP, Konark Trust, MMPL Trust — and existing investors — Apis Growth 6 Ltd, Mio IV Star, University of Notre Dame Du Lac, Mio Star, ROC...
by AIP Online Bureau | Nov 24, 2021 | Facts, Health, Pandemic
Two doses of Covaxin are 50 per cent effective against symptomatic COVID-19, according to the first real-world assessment of India’s indigenous coronavirus vaccine published in The Lancet Infectious Diseases journal. The results of an interim study recently...
by AIP Online Bureau | Nov 23, 2021 | Indian News, Non-Life, Policy
“The petitioner (Singh) is seeking necessary orders from the Court to the government of India for his appointment as CMD of UII on the strength of the recommendation made by BBB on May 07, 2021,’’ said Justice Kameswar Rao J of Delhi HC while admitting Singh’s...
by AIP Online Bureau | Nov 23, 2021 | Banking & Bancassurance, Eco/Invest/Demography, International News, Risk Management
Being included in the table means having to hold additional capital and undergo more intense supervision to avoid a repeat of taxpayer bailouts in the banking crisis over a decade ago. In practice, the lenders typically hold capital buffers that are already above FSB...
by AIP Online Bureau | Nov 23, 2021 | Health, Indian News, Non-Life, Pandemic, Workplace/Employee Benefits
Apollo Hospitals and Fortis Healthcare are also witnessing higher demand for flu shots, including Abbott India’s imported vaccine, Influvac, the private hospital operators told Reuters. Sales in its vaccine unit rose 42.3% in the financial year ended March,...
