by OverviewFX | Sep 20, 2024 | Industry
Top BFSI leaders highlighted how banks are unable to keep up with the digital data and services and how, soon, pension, insurance and capital markets will take the market share of bank deposits. “Pension, insurance and capital markets are playing out well and...
by OverviewFX | Sep 20, 2024 | Industry
The US Federal Reserve’s recent decision to cut its benchmark interest rate by 50 basis points has sparked discussions on its potential ripple effects across global markets, including India. While the move marks a shift in the Fed’s stance from curbing inflation to...
by OverviewFX | Sep 20, 2024 | Industry
MUMBAI: The Enforcement Directorate (ED) on Thursday recorded the statement of Religare Enterprises’ former finance chief Nitin Aggarwal in connection with a money-laundering probe, people in the know told ET.Aggarwal was questioned on the employee stock option...
by OverviewFX | Sep 19, 2024 | Industry
The Institute of Chartered Accountants of India (ICAI) has officially rolled out the Audit Quality Maturity Model (AQMM) 2.0, which applies to firms auditing listed entities, banks (excluding co-operative banks), and insurance companies.This new model follows the...
by OverviewFX | Sep 18, 2024 | Industry
Top banking and financial industry leaders feel innovation is the way forward, but it must be balanced with effective risk management and an understanding of evolving customer needs. By leveraging technology, forging partnerships, and focusing on customisation,...
by OverviewFX | Sep 18, 2024 | Industry
The Centre would soon put in place a creditor-led insolvency resolution mechanism, largely involving out-of-court arrangements for even big loan default accounts, to ease the bankruptcy court burden and quicken recoveries for lenders, people aware of the development...
