Search result for 'indian financial sector'

DEA Secretary Anuradha Thakur calls for harmonized regulations across financial regulators to reduce compliance friction for investors.

Union Finance Minister Nirmala Sitharaman reviewed GIFT IFSC's progress, interacted with market participants, and emphasized attracting foreign capital and developing a world-class financial center...

Finance Minister Nirmala Sitharaman pushes for faster refunds of unclaimed deposits and streamlined KYC processes. Regulators urged to expedite claims and improve digital onboarding.

The Reserve Bank of India has formed an eight-member committee to develop a framework for ethical and responsible use of AI in the financial sector, focusing on risks and compliance.

Finance Minister Nirmala Sitharaman commends Indian financial sector regulators for their work, highlighting their transparency and contributions. She also addresses concerns about regulatory...

Finance Minister Nirmala Sitharaman praises Indian financial sector regulators for their work, emphasizing transparency and contributions to the system.

The Financial Stability and Development Council (FSDC) Sub-Committee reviewed global and domestic macroeconomic and financial developments, including potential risks to financial stability and...

India's financial sector faces a bright future but needs to prepare for vulnerabilities, says Economic Survey 2023-24. Key priorities include reducing financial intermediation costs, promoting...

The Reserve Bank of India (RBI) confirms that a Microsoft outage caused minor disruptions to 10 banks and NBFCs in India, but the financial sector remains insulated.

The Reserve Bank of India has advised non-bank finance companies (NBFCs) to broaden their fundraising sources and minimize dependence on banks, emphasizing the need for robust corporate governance...

The Reserve Bank of India (RBI) aims to curtail consumption loans and unsecured credit with undefined end use, as Deputy Governor Swaminathan J clarifies the intent is not to deny or ration credit,...