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BFSI

RBI urges to maintain digital hygiene

Concerned over a rise in digital frauds in recent years, the Reserve Bank of India (RBI) has asked people to never share confidential banking...
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BFSI

Union Bank raises Rs 1,500 crore by issuing bonds

Union Bank has issued Basel III compliant bonds to investors for raising Rs 1,500 crore. The bank has allotted unsecured, non-convertible, subordinate taxable perpetual,...
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Governance

Road Ministry issues new rules on road accident reporting for claim settlement

The Road Ministry has made changes to the rules on road accident reporting for the claiming the settlement. The Road Ministry has issued a new...
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BFSI

India’s banking sector leading in implementation of AI

A survey by PwC-FICCI has revealed that with the highest AI maturity index, the banking sector of India is leading in implementing and adopting...
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Governance

Government to set up centres for transformational artificial intelligence

The Ministry of Electronics and Information Technology (MeitY) is planning to set up centres for transformational artificial intelligence. These centres will develop AI-based solutions...
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Governance

Common branding to promote `Make in India’ should be considered

‘Make in India’ is an ambitious mission of India that aims to reduce the dependency on foreign sources. Prime Minister Narendra Modi has urged...
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BFSI

RBI imposed penalty on three cooperative banks

The Reserve Bank of India (RBI) has imposed a penalty on three cooperative banks including Nagrik Sahakari Bank Maryadit, Raipur, Chattisgarh on account of...
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NBFC

Insights into regulatory landscape for digital lending in India

In the last few years, India has drastically shifted from traditional lending to digital lending. Now the credit facilities are easily accessible digitally with...
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