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OUTSOURCING GUIDELINES
How an Australian connection helped Shaily Mehrotra build a Rs 1,500-crore Indian skincare brandA gap in science-backed skincare products in the Indian market prompted Shaily Mehrotra to start Fixderma, with an aim to solve common skin...
Harassed by loan recovery agents? Know your legal rights and 6 steps to fight backBorrowers struggling with debt often face harassment from recovery agents through abusive calls, threats, public shaming, and unauthorised ...
Sebi proposes major overhaul of derivatives rules to simplify compliance for exchangesIndia's market regulator Sebi is proposing significant changes to derivatives trading rules. The aim is to make compliance easier for stock...
Unruly conduct by outsourcing firms, workers may invite blacklisting, licence cancellation: Noida DMMedha Roopam warned contractors and outsourcing agencies in Noida of strict action, including blacklisting and licence cancellation, for an...
RBI cancels registration certificates of 2 NBFCs for irregular lending practicesHyderabad-based Star Finserv India was offering the service under 'Progcap' (owned and operated by Desiderata Impact Ventures Private Limit...
RBI proposes new norms for LSPs to promote transparencyLSP is an agent of a regulated entity (RE) who carries out one or more of lender's functions or part thereof in customer acquisition, under...
RBI brings out norms for outsourcing of IT servicesThe RBI has directed all regulated entities to ensure that the service provider employs the same high standard of care in performing the se...
RBI to issue guidelines to regulate banks outsourcing business“Regulated entities are increasingly using outsourcing as a means for reducing costs as well as for availing expertise not available intern...
Co-op banks shall not outsource core management functions: RBIIssuing guidelines for managing risk in outsourcing of financial services by cooperative banks, the central bank said the lenders can hire ...
All remaining 18,000 bank branches to be under CTS by Sep: RBIThe cheque truncation system (CTS) is in use since 2010 and covers around 1,50,000 bank branches across three cheque processing grids. All ...
Guidelines for government departments to plug information leaksMHA came out with the guidelines against the backdrop of the leak of classified information from some ministries including the Ministry of ...
Sebi plans new outsourcing policy for exchanges, key entitiesTo safeguard capital markets from outside risks, regulator Sebi will soon issue a new set of guidelines to govern outsourcing by stock exch...
Life insurance policy holders may get 15% cut in premiumsIRDA revised norms for outsourcing of both core and non-core activities mentioned in outsourcing guidelines to Insurance Repositories.
IRDA slaps Rs 55 lakh fine on Max Life for violating rulesIrda said the life insurer did not submit any reasons for not having specific mention in written agreement with service provider for collec...
RBI should lay down criteria for companies handling ATM cash: IBABanks must enforce minimum eligibility standards as part of their Request for Proposal (RFP) process, IBA said in a report submitted to RBI.
US Federal Reserve's new outsourcing norms may lead to greater oversight for Indian IT companiesThe guidance — could make even large, experienced outsourcers like TCS and Infosys pay greater attention to work being farmed out.
- IRDA asks insurers not to outsource core activities
Issuing guidelines on outsourcing, insurance regulator IRDA today said that insurers should not outsource core activities like investment a...
- Sebi to frame rules for outsourcing by market entities
Sebi plans to frame new rules for outsourcing of business by brokers, MFs, portfolio managers and other market entities.
- IRDA asks insurers not to outsource core activities
IRDA has asked insurers to restrict outsourcing of core activities like claims, underwriting and policy servicing to guard against major fi...
- PC allays outsourcing fears of bank employees on strike
The government on Friday virtually rejected the striking bank employees demand for withdrawal of the RBI circular on outsourcing, but assur...