by AIP Online Bureau | Jun 23, 2018 | Indian News
Mumbai: In view of the recent spate of chargesheets and arrests of bankers by several government investigative agencies, the Indian Banks’ Association (IBA), the official representative body of the Indian banking industry, has sought to...
by AIP Online Bureau | Jun 22, 2018 | Articles, Risk Management
Cyber risk has emerged as a significant threat to the financial system. An IMF staff modeling exercise estimates that average annual losses to financial institutions from cyber-attacks could reach a few hundred billion dollars a year, eroding bank profits and...
by AIP Online Bureau | Jun 22, 2018 | Health, International News
Dr. Atul Gawande, a surgeon who was named this week to head the company being formed by Amazon, Berkshire Hathaway and JPMorgan Chase to trim employee healthcare costs, on Thursday cited surgery as the single biggest U.S. healthcare cost and said there are ways...
by AIP Online Bureau | Jun 22, 2018 | Indian News, Risk Management
New Delhi: A day after NCRB made a case for limited Aadhaar data access for the police to crack crimes, UIDAI on Friday asserted that use of Aadhaar biometric data for criminal investigation is not allowed under the Aadhaar Act. It also informed that...
by AIP Online Bureau | Jun 22, 2018 | Health, Indian News
New Delhi: Power Minister RK Singh said on Friday that the government will consider making 24 degree Celsius as mandatory default setting for air conditioners within a few months. At a meeting with Singh, AC makers were also advised to have labelling indicating...
by AIP Online Bureau | Jun 22, 2018 | Indian News
Mumbai: IDBI Bank shares jumped as much as 5.9 per cent to Rs 61.15, their biggest intraday percentage gain since June 7, on the report.that the Government is considering to divest 40-43 per cent stake in IDBI Bank to Life Insurance Corporation of India,...
by AIP Online Bureau | Jun 22, 2018 | Health, Indian News
Bhubaneshwar: Odisha government today decided to set up 20 new hospitals at an estimated investment of Rs 1,000 crore in the public private partnership (PPP) mode. The decision in this regard was taken at a high level meeting chaired by Chief Minister...
by AIP Online Bureau | Jun 22, 2018 | Indian News
NEW DELHI: Prime Minister Narendra Modi today spoke of targeting double-digit GDP growth for breaking into the $5 trillion economy club and said India's share in world trade has to be doubled to 3.4 per cent. Speaking after laying the foundation stone of a...
by AIP Online Bureau | Jun 21, 2018 | Indian News, Risk Management
Hydearabad: Limited access to Aadhaar data was needed to be given to police for the purpose of catching first time offenders and for identification of unidentified bodies, National Crime Records Bureau (NCRB) Director Ish Kumar said on Thursday. At present...
by AIP Online Bureau | Jun 21, 2018 | Indian News, Risk Management
Mumbai: Taking a serious note of slow progress by banks in addressing security issues, the Reserve Bank today gave them strict timelines to upgrade their ATMs or else face action. As per the timeline, banks have to implement a host of security measures by...
