Boards will make written norms that will be reviewed annually, says draft IRDAI proposal
There are reports that payment aggregators are also looking to knock on the RBI doors as their role has been eliminated
"Thereby, we are moving from a rule-based regulatory regime to a principle-based one," Panda said
Central bank hopes to achieve its objectives without too much 'growth sacrifice', he says
High claims for Covid-19 a challenge for the industry, says the senior executive
The highest rate for senior citizens is 6.55 per cent for tenors ranging from 5 years to more than 5 years and up to 10 years
Payment aggregators have received nothing, says Vishwas Patel as RBI discussion paper starts debate
60% of such claims are from state-owned banks and other creditors, shows data on company's website
Spend on international travel accounts for 48% of total remittance
The RBI has asked for feedback and suggestions before October 3
Vibha Padalkar talks about the company's performance in Q1 and its growth plans going forward
"This process will begin in phases for our customers starting today and will be concluded by Monday," the company stated
The market regulator also set rules that will specifically be applicable to players in the stock market ecosystem joining the aggregator framework
'Vigil Aunty' will create awareness via various social media platforms
UPI charges may partially offset loss on credit card MDR
Banks change lending policy to keep up with monetary policy committee's raising repo rate
The study has found that labour cost efficiency is higher in PSBs in comparison to private banks
Banks are rushing to woo depositors with attractive rates. These deposit rates may soar further if repo rate rise to 5.75 - 6% by the end of this calendar year. So, what is in the store for investors?
"There is a need to invest more in distribution, products, and marketing", said Rau
Unicorn will be first general insurer to be listed on the bourses in five years