ICICI Bank has issued a warning to customers about increasing online loan scams that lure victims with false promises of instant approvals and minimal checks, using fake websites, cloned apps, and social media outreach to steal personal data and funds.…
The Finance Industry Development Council prepares to oppose the Reserve Bank of India’s draft proposal to ban revolving credit products for non-bank finance companies, citing risks to liquidity and MSMEs. The Finance Industry Development Council is preparing to tell the…
Despite increased health awareness during the pandemic, India’s health insurance industry struggles with trust deficits, highlighting deep-seated structural and operational issues that threaten sector growth and consumer confidence. Despite the rise in health awareness during the pandemic, India’s health insurance…
Industry groups in India are lobbying for reforms to GST regulations, aiming to reclaim input tax credits on construction and operational costs for data centres, warehouses, and employee benefits, to boost competitiveness and investment. Industry groups are pressing New Delhi…
The Indian government is revising pension policies to better reflect evolving social realities, introducing new family pension rules, support measures, and digital reforms to improve accessibility for retirees and their families. The government will keep revisiting pension rules as social…
Understanding lender requirements, organising essential documents, and managing credit profile can significantly enhance the likelihood of swift personal loan approval. A personal loan can offer a quick way to cover planned expenses or unexpected costs without putting up collateral, but…
India’s securities regulator, Sebi, has implemented a comprehensive overhaul of the mutual fund registration process, introducing a single application form and tighter eligibility standards to enhance transparency and investor protection. Sebi has overhauled the way mutual funds are registered in…
India’s securities regulator launches two new digital portals to streamline incident reporting and information sharing, reflecting a broader push to bolster market resilience against emerging cyber threats including AI and quantum computing. India’s securities regulator has stepped up its cyber-defence…
Research reveals a surge in online marketplaces selling fake, synthetic, and stolen identities, exploiting weaknesses in onboarding controls and leveraging AI-driven document fraud tools to evade detection. Account farms are turning the sale of fake, synthetic and stolen identities into…
While same-day working capital offers rapid access to funds for urgent business needs, its complex pricing and potential long-term implications demand careful scrutiny to avoid costly pitfalls. Same-day working capital can be a useful bridge for businesses that need cash…
