Emerging markets face risk of policy error amid conflicting priorities

Emerging-market central banks face a Catch-22 where plunging economic growth means they can’t keep monetary conditions tight, but elevated inflation doesn’t allow them to halt rate hikes either. The result is a growing risk of monetary-policy error. Countries from Poland Read More …

Banks Face An Uncertain Regulatory Landscape: Here’s How To Focus On The Most Serious Risks

The regulatory landscape for financial firms is in a state of flux, both in the U.S. and abroad. New anti-money laundering (AML) laws, sweeping new consumer protection requirements and new sanctions in response to Russia’s invasion of Ukraine are only a sampling of the regulatory Read More …

RBI steps in to end harassment of borrowers, prohibits digital lenders from accessing smartphone data

With the news of harassment of customers by digital lenders becoming frequent – in some cases the harassed borrowers even committing suicide – the Reserve Bank of India (RBI) has decided to issue stringent guidelines to put an end to Read More …

Banks, global investors may cap exposure to Adani firms: S&P

Indian banks and global investors are considering caps for their exposure to the Adani Group amidst the conglomerate’s aggressive growth push, which is riding on acquisitions, S&P Global Ratings said on Thursday. Even as the Group tries to grow in new business Read More …

Banking sector at enormous risk of asset-liability mismatch: Pronab Sen

India’s banking sector is faced with the predicament of a “massive asset-liability mismatch” that could explode anytime, adding that there is a need to reassess laws governing the industry, renowned economist Pronab Sen said. Sen said “that explosion” has not Read More …

As Climate Risk Grows, So Will Costs for Small Businesses

To address growing climate risks, businesses will have to set aside an increasing share of their cash flows. Hurricanes, wildfires, and the rise in sea levels impose costs on firms, both in preparation and response to these disasters. As the Read More …

Embracing sustainable investing for good banking: ESG in BFSI

“Sustainability”: The overarching goal of all global, local and commercial organizations since the 2010s seems primarily ambitious in the financial sector. An extensive study assessing NSE 600 companies in FY 2020-21, done recently underscores BFSI as one of the sectors Read More …

Rs.82000 crore bank frauds reported last year, maximum in SBI & PNB: says RBI

Rs.82000 crore bank frauds reported: As per RBI data, 12 PSBs (Public Sector Banks) had reported frauds worth Rs 81,921.54 crore (approximately Rs.82,000 crore) in preceding fiscal 2020-21. This data was revealed on the basis of the Right to Information (RTI) Read More …

How to manage and mitigate risks for commercial properties?

Risks are an inevitable part of owning or managing a commercial property, in fact the bigger the property the higher the risk. There is a daunting list of dangers when one possesses a commercial property from natural causes like fire, Read More …