The Government of India has introduced the Draft Digital Personal Data Protection (DPDP) Rules, 2025, aimed at enhancing data privacy and defining responsibilities for entities […]
Author: The Banker Media
Bandhan Life Insurance partners with Policybazaar to launch the iInvest pension plan
Bandhan Life Insurance recently, has collaborated with Policybazaar to introduce the Bandhan Life iInvest Pension Plan—a Unit Linked Insurance Plan (ULIP) designed to help individuals […]
Rajat Verma set to lead as India CEO at DBS from March 2025
Development Bank of Singapore (DBS) will be appointing Rajat Verma as Chief Executive Officer (CEO) of DBS India with effect from 1st March, 2025, in […]
Yotta appoints Rajesh Garg as Senior EVP, Group CIO and Head of Operations
Yotta Data Services has recently appointed Rajesh Garg as its Senior Executive Vice President (EVP), Group Chief Information Officer (CIO) and Head of Operations—Service Delivery […]
RBI introduces beneficiary bank account name look-up facility for RTGS and NEFT transactions
In a significant move to enhance the security and transparency of digital transactions, the Reserve Bank of India (RBI) has announced the introduction of a […]
RBI introduces UPI access for prepaid wallets via third-party apps
The Reserve Bank of India (RBI) has enabled Prepaid Payment Instrument (PPI) holders to make Unified Payments Interface (UPI) transactions through third-party applications. This policy […]
RBI establishes panel to develop ethical AI framework
The Reserve Bank of India (RBI) has constituted an eight-member committee to establish a framework for the responsible and ethical implementation of Artificial Intelligence (AI) […]
Poonawalla Fincorp embarks on AI revolution in HR processes
Poonawalla Fincorp, a Non-Banking Finance Company (NBFC) under the Cyrus Poonawalla Group, has adapted Artificial Intelligence (AI) in Human Resource (HR) processes, significantly transforming recruitment […]
Aditya Birla Capital becomes first to offer lending, insurance and investments on ONDC
Aditya Birla Capital has become the first financial services company to integrate lending, insurance and investment solutions on the Open Network for Digital Commerce (ONDC). […]
Magma HDI partners with IndoStar Capital Finance to expand insurance reach
Magma HDI General Insurance has entered into a partnership with IndoStar Capital Finance Limited (ICFL), a non-banking financial company (NBFC). This collaboration aims to enhance […]