SBI's Nitin Chugh introduces the concept of 'happy friction' - a system of checks and balances to protect vulnerable accounts and reduce cybercrime
Business Standard BFSI Insight Summit brings together thought leaders from India’s financial landscape, including regulators, leading banks, NBFCs, mutual funds, and insurance companies
Business Standard BFSI Insight Summit brings together thought leaders from India’s financial landscape, including regulators, leading banks, NBFCs, mutual funds, and insurance companies > >
While compliance may incur costs, it strengthens consumer trust and safeguards data security in an era when customers increasingly demand faster service, said panellists at the BS BFSI Summit
Payment and security experts explain widespread scams, bat for better cooperation and education
BS BFSI Summit: There is limited room for PE multiples to move up and return expectations going ahead have to be moderate, analysts said at the Business Standard BFSI Insight Summit
The Reserve Bank of India (RBI's) had said that housing finance companies find the pre-payment penalty imposed as a challenge for the lenders. However, there is better clarity on regulations
Focus is on staying ahead on the technological front
As technology continues to advance, CTOs face the constant pressure of adopting cutting-edge solutions while adhering to stringent industry standards and safeguarding sensitive customer data
He also spoke about how the RBI is looking to internationalise the Unified Payments Interface, and the plans for the Unified Lending Interface and central bank digital currency
Money managers noted that as markets retreated, earnings growth expectations also moderated, neutralising impact on valuations
The AUM has doubled in the past three years and is currently around Rs 67 trillion
In cybersecurity, social engineering refers to manipulating a victim to gain control over a computer system or steal personal and financial information
Industry players said that regulatory bodies in India engage in private deliberations with firms, scrutinising and evaluating them before taking any supervisory action
The MFI sector has been facing significant challenges over the past five to six months, leading to a notable decline in asset quality
Sebi whole-time member says regulator to float consultation paper to consider demerger of equity clearing corporations from exchanges
As per a Knight Frank-Business Standard report, 52 per cent of surveyed urban Indian homebuyers prefer apartments
Business Standard BFSI Insight Summit 2024: Industry leaders discuss KYC, anti-fraud tech, and user education as essential defences against rising digital financial crime
Business Standard BFSI Summit 2024 highlights: Catch all the updates related to the BFSI summit here
Young and innovative fintech firms can push boundaries even within regulatory limits