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BANKING SECTOR REGULATIONS
Fairfax offers plan to resolve IDBI-CSB ownership overlappingA merger of the two lenders is emerging as the most likely option, potentially allowing the Canadian investor to consolidate its banking in...- Planning a job switch? These sectors may see the biggest salary hikes in 2027Salaries in India are projected to increase by 9.1% in 2027 after a 9% rise in 2026. Non-banking financial companies are expected to lead i...
- Barclays plans India equity advisory return after a decadeBarclays plans to restart its equity capital markets business in India after nearly a decade, targeting the country’s booming IPO market. S...
- Global Market: Japan's Nikkei rebounds as chip stocks rise, Topix slips on bank lossesJapan’s Nikkei rebounded 0.61% on Wednesday as chip-related stocks advanced, recovering from the previous session’s decline. Advantest, Tok...
- RBI to continue efforts to curb rupee volatility; external factors driving currency fall: FMFinance Minister Nirmala Sitharaman mentioned the Reserve Bank of India’s ongoing efforts to stabilize the rupee's value. She noted that th...
- What new US crypto oversight rules mean for the marketProposed US CFTC regulations could establish a global template for digital asset oversight. Bitget CEO Gracy Chen explains how clear federa...
- IHC, First Abu Dhabi eye stake in Bandhan Bank promoterEarly investors GIC & IFC jointly hold 30% in Bandhan Financial Services (BFSL), keen to exit. PE funds tapped too to gauge strategic inter...
- US bank stocks near correction as earnings loom, consumer outlook in focusUS bank stocks are nearing correction territory ahead of earnings, with investors watching for clues on consumer resilience amid elevated b...
- Global Market: China stocks fall as global yields, geopolitical tensions weigh on sentimentChinese stocks declined as government support measures failed to restore investor confidence amid rising global bond yields, Middle East te...
- RBI tightens rules for forex bets to shield bruised rupeeThe Reserve Bank of India has tightened regulations on foreign exchange derivatives to stabilize the rupee's value. New measures include st...
- RBI steps in to support rupee as currency nears record low; tightens forex rulesThe Reserve Bank of India has announced new measures aimed at stabilizing the rupee's value in foreign exchange markets. These measures inc...
- South Korea, Japan buffeted by hacks as AI lowers bar for cybercriminalsNine South Korean banks and two mega-churches are probing cyberattacks that may have involved AI tools, while Japanese companies including ...
- Govt fast-tracks safer AI blueprint, paper on regulation out in a monthSpeaking at a World Bank group event, Vaishnaw said the paper will be released in one month, and will focus on AI safety, humanity, skillin...
- India’s AI rules take shape; TCS profit jumps 15%The government is set to release a consultation paper on AI regulations within a month. This and more in today’s ETtech Top 5.
- RBI still assessing revolving credit norms: Sanjay MalhotraReserve Bank of India governor Sanjay Malhotra has indicated that regulations on revolving credit by non-banking finance companies are unde...
- Govt asks banks to develop a sector-wide quantum transition along with an AI resilience frameworkAccording to the industry, major concerns in this segment include 'harvest now, decrypt later' threats, where cyber adversaries stockpile e...
- Insurance brokers oppose IRDAI commission caps, warn of 60-70% revenue hitInsurance brokers in India are opposing commission cap proposals from the Insurance Regulatory and Development Authority of India. They war...
- Insurance brokers oppose IRDAI's proposed reforms on caps on commissionsIndian insurance brokers are opposing regulatory proposals that include caps on commissions paid to various distributors. The Insurance Reg...
- South Korea's Lee says AI appears to have been used in bank hacksSouth Korean President Lee Jae Myung said on Tuesday that AI models are believed to have been used in some recent hacking incidents against...
- South Korean president orders probe into data leaks across financial industryFinancial Services Commission (FSC) Chairman Lee Eog-weon convened an emergency meeting with financial industry associations, regulators an...
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