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Regulators weigh bringing insurance surety bonds under RBI's CRILCFinancial regulators are exploring adding insurance surety bond exposures to a central credit database. This move aims to provide banks and...- NITI Aayog calls for national caregiving framework, social security for caregiversNITI Aayog suggests a dedicated policy framework for India's growing ageing population. It calls for regulating the caregiving ecosystem an...
- Banks welcome RBI's steady rates, see boost to credit growthThe Reserve Bank of India kept its benchmark repo rate steady at 5.25 percent. It also raised its economic growth forecast and lowered infl...
- NITI Aayog calls for dedicated policy to regulate India’s caregiving ecosystemIn its report, released on Wednesday, the Aayog has called for promoting financial incentives and entrepreneurship for caregivers to make i...
- Lower real interest rates have not hurt deposit growth in India: SBI ResearchDeposit growth in India improved despite declining real interest rates, according to an SBI Ecowrap report. The report noted that deposit m...
- JP Morgan CEO Jamie Dimon leads new cross-industry effort to tackle AI risksJP Morgan Chase's CEO, Jamie Dimon, is calling upon business leaders to participate in a newly established industry group dedicated to tack...
- Global Market: Europe’s tech giants emerge as surprise AI winners as enterprise adoption takes offEurope’s established technology companies are emerging as unexpected winners of the AI boom as enterprises move from experimentation to lar...
- RBI to resume urban cooperative banks' licensing after 22-year pause, review rural bank rulesThe Reserve Bank of India will resume urban cooperative bank licensing after a 22-year pause. A comprehensive review of credit monitoring f...
- RBI to resume urban cooperative bank licensing process after two decadesThe Reserve Bank of India will resume issuing new licenses for urban cooperative banks. This process has been paused for over two decades d...
- Household savings rise to 21.7% of GDP in FY25: GovtHousehold savings increased to 21.7 percent of GDP in 2024-25. Government and RBI measures aim to boost incomes and financial security. RBI...
- TRAI takes action against 1.83 Lakh telecom resources to curb unsolicited commercial communicationsThe Telecom Regulatory Authority of India (TRAI) took action against 1.83 lakh telecom resources and blacklisted 263 senders during the fir...
- Sensex falls 210 points, Nifty closes below 24,650 as market snaps 4-day gaining streakIndian benchmark indices ended lower on Tuesday, snapping a four-day winning streak as the Sensex dropped 210 points to 78,429 and the Nift...
- Global Market: South Korea plans stricter rules for leveraged ETFs as trading coolsSouth Korea plans to tighten restrictions on single-stock leveraged ETFs as regulators seek to curb speculative retail trading and reduce m...
- Surrender and withdrawals as a share of total benefits paid by life insurers rise to 39%Surrender and withdrawal benefits paid by life insurers have increased significantly. These benefits now exceed maturity benefits paid by t...
- Equitas to take cautious steps towards universal bank licenseEquitas Small Finance Bank is eligible for voluntary transition into a universal lender. The bank is cautious about applying after peers fa...
- Drugmaker Amgen discloses data breach involving patient health informationOn July 29, Amgen determined the incident was material, based on its evaluation of how many files appeared to be affected and the possibi...
- Housing ministry issues advisory to State RERAs to give project extension due to West Asia crisisThe Ministry of Housing has advised State RERAs to grant developers a four-month extension. This advisory addresses disruptions in global s...
- Banking on gear shift for pickup: After cleaning up bad loans, banks now need a new reform pushIndia's banking sector requires reforms for sustained growth and improved credit access. Banks must grow significantly to meet microenterpr...
- Canara Bank to frontload ECL provisioning, plans ₹8,000 cr capital raiseCanara Bank will frontload expected credit loss provisioning within two years. The bank revised its provisioning projections upward to ₹12-...
- Government sets up India Digital Payment Intelligence Corp to contain cyber fraudsIndia Digital Payment Intelligence Corporation has been established to combat cyber financial frauds. This new entity will share real-time ...
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