For too long, sales misconduct has been treated as an operational issue created by overzealous relationship managers. The elevation of the issue to the board level signifies that mis-selling is a governance failure.
India spends heavily on defence but does not finance it. That distinction separates mature defence-industrial economies from those trapped in yearly budget cycles.
New Delhi: Last week, the government appointed the recently retired Department of Economic Affairs (DEA) secretary, Ajay Seth, as chairman of the Insurance Regulatory and...
After amalgamation, number of RRBs has come down to 28 from earlier 43. Experts say move is expected to increase capital base of unified RRBs, spurring credit growth and diversification.
Using icons and speech, AI-enabled voice apps like Hello Ujjivan and Bhashini are building a new bridge to banking for India’s 18 crore low-literate citizens.
If many market participants tend to use similar models, correlated risk & herding behaviour can amplify stability risks. Regulatory guardrails are important.
Government bank employees sell mutual funds, insurance and just never log out. They have steeper targets and ‘performer of the month’ award to chase too.
The central bank last month issued a circular ordering banks to start, from next year, to keep aside larger buffers in relation to accounts connected to the internet, mobile or UPI.
The few anti-Army civilians in Pakistan, who once saw red with the institution over its treatment of Imran Khan, have now reached a consensus — Asim Munir has made Pakistan a global player.
In FY 2025-26, AoN for 55 proposals amounting to Rs 6.73 lakh cr has been accorded by DAC. Both the quantum of AoN given and capital contracts signed, so far, have been the highest in any FY.
It’s easy to understand why the government can’t speak the hard truth. When this war ends, as all wars do, India’s interests will lie with both the winner and the loser.
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