A closer look at hidden and variable costs reveals that the real expense of borrowing or subscribing often extends beyond the monthly figure, urging consumers to scrutinise full terms to avoid surprises. Focusing only on the monthly payment can give…
As anti-money laundering teams face increasing data and alert volumes, experts argue that strategic automation , combined with human oversight , can streamline workflows, reduce workload, and improve decision quality amidst rising compliance demands. Anti-money laundering teams are under mounting…
A Shimla-based consumer commission has held a private bank accountable for misleading practices after an unauthorised surprise verification of pledged gold found the items to be fake, highlighting new RBI guidelines on transparency and borrower consent in gold loans. A…
The Indian PMS sector is transitioning from one-time KYC checks to ongoing AML monitoring, adopting shared compliance tools like InPro to enhance risk detection and regulatory adherence. India’s portfolio management services industry is moving away from a narrow, one-time approach…
Home loan EMI calculators are becoming essential tools for borrowers, offering clear estimates of monthly payments, total interest costs, and aiding in smarter borrowing decisions amidst varying repayment options. A home loan EMI calculator can take much of the guesswork…
The Pension Fund Regulatory and Development Authority plans to significantly expand the National Pension System, targeting 20-30 million new subscribers through a new digital ‘Tatkal’ route, with ambitions to reach up to 400 million non-government pension holders by 2028. The…
Despite India’s rapid financial formalisation, the insurance industry struggles with low penetration, rising costs, and limited consumer trust, according to a McKinsey report highlighting the need for more relevant and accessible products. India’s insurance market is still falling short of…
Reliance Industries, Bharti Airtel, and other major Indian equities plunged to their lowest levels in a year as persistent geopolitical tensions and global bond yield hikes weighed heavily, sparking fears of prolonged market instability. Reliance Industries, Bharti Airtel, Hindustan Unilever,…
India’s pension regulator launches NPS Sanchay, a straightforward pension scheme targeting informal workers, with extensive outreach through ‘Pension Yatra’ roadshows to encourage wider participation in retirement planning. India’s pension regulator has launched NPS Sanchay, a simplified version of the National…
India’s Department of Pharmaceuticals unveils a Rs 50 crore funding scheme to support early-stage biotech and pharma start-ups, aiming to bridge the critical financing gap in high-risk drug research and enhance the country’s innovation landscape. India’s pharmaceuticals ministry is opening…
