India’s financial system has grown stronger, but IMF says banks need to align more closely with international norms like IFRS 9. In its latest Financial System Stability Assessment (FSSA), the…
Current Rs 5 Lakh Limit Seen as Inadequate New Delhi: India's deposit insurance framework requires urgent revision, as the current coverage limit of Rs 5 lakh is considered insufficient in…
The Financial Services Secretary confirms that increasing the deposit insurance limit is under active consideration following regulatory action against New India Cooperative Bank. Government Reviewing Higher Deposit Insurance Coverage The…
The 12th edition of IBEX INDIA 2025, India’s leading International Trade Fair and Conference for the BFSI (Banking, Financial Services, and Insurance) & Fintech sector, is set to take place…
Ethical Practices and Long-Term Trust Over Short-Term Gains Key Highlights: Curbing Product Mis-Selling: RBI Governor calls on banks to prioritize ethical practices, emphasizing the risks of mis-selling products and improper…
DBS Group Holdings Ltd., one of Singapore's largest banking groups, is exploring potential insurance partnerships in India and Taiwan to expand its bancassurance services in these growing markets. According to…
ICICI Lombard General Insurance has partnered with Karnataka Bank to offer its insurance products to the bank's 13 million customers across 915 branches. This collaboration aims to enhance financial security…
Amid a wider range of issues to handle, a majority of board members and senior executives responsible for their organization’s cyber risk management had less than a day in the last year to spend focused on cyber risk issues. The findings form part of a new report published today by Marsh, the world’s leading…
Buying a home is a huge investment and a long-term financial commitment. In addition, skyrocketing property prices and high home loan interest rates compel buyers to put a pin on…
Application for a home loan is a critical stage in the fulfilling the dream of owning a home. It involves quite a bit of paperwork and the applicant has to…