The manner in which insurance is being sold being the topic of contention, it would be prudent to address the root cause rather than tinker with the manifestation.
Global media also explores the need for UN veto powers to be recalibrated in accordance with the new world order & the looming threat of extinction faced by India’s iconic Irani cafes.
Indian banks, regulators, and investors weren’t worried when crises began exploding in US and European banks earlier this year. This resilience has been a long time coming.
While there may be welfare motivations for subsidising bus travel or fertilisers, it hurts private players whose goods and services compete in the same market.
RBI governor Shaktikanta Das requested the banks to strengthen governance to reduce financial instability following the collapse of several banks in the US.
Deputy governor MK Jain sought banks to ensure their actions comply with intended purpose and principles of regulation and not just stick to literal or technical interpretation.
It is crucial for banks and other financial institutions to conduct regular stress tests against known market risks, including inflation and interest rate risks, writes Atul.
It would have been hard for many to miss the words “deposit insurance” on the newsfeed last month. The US-based Silicon Valley Bank had caused it to shut down. The Federal...
Report by think tank ODI says that of 10 large banks surveyed, only 4 collect information on environmental, social, and governance risks, reaffirms findings of previous research.
Initial talks held on the possibility of India entering the programme that was started in 2017 between France, Germany and Spain to ensure European sovereignty in defence and security.
Trail revenue and cap on commission payout similar like mutual funds is the solution.. sooner regulator will bring this change..