The US consumer financial regulator is proposing stricter oversight for tech giants' digital payment services due to insufficient consumer protection.
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The report raises concerns about the quality of underwriting processes and third-party lending practices in Non-Banking Financial Companies (NBFCs) and FinTech firms
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According to data released by the Life Insurance Council, the life insurance industry collected premiums totaling Rs 26,819.01 crore in October 2023, marking a 7.64 per cent rise compared to the same period in the previous year
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Being at the forefront of digital transformation, Indian banks are well-placed compared with the global average
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Unlock the key to joyful festivities without financial worries
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While the discussions are still in the early stages, the exact number of job reductions could change, a media house reported
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Based on the survey outcomes, 304 banks were classified into four distinct tiers - Digital champions, Digital smart, Digital adopters and Digital latecomers
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Following Vauld's bankruptcy and the cessation of its operations last year, a new board was appointed, with former directors Darshan Bathija and Sanju Sony Kurian stepping down
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