Mumbai, Feb 10 (IANS) The Reserve Bank of India has decided to raise the aggregate ceiling for unsecured loans given by urban co-operative banks to 20 per cent of total advances, from the existing limit of 10 per cent of total assets in the revised draft norms released on Tuesday. The limits for individual unsecured advances within the aggregate ceiling of unsecured advances have been fixed at Rs 5 lakh for Tier 1, Rs 7.5 lakh for Tier 2, and Rs 10 lakh for Tier 3 and Tier 4 urban co-operative b…
Latest Risk Management News & Updates
Washington, Feb 6 (IANS) Artificial intelligence has emerged as a priority risk for the US financial system, with Treasury Secretary Scott Bessent telling Congress that regulators are stepping up oversight of how AI is used across markets and institutions.Testifying before the Senate Banking Committee, Bessent said AI is one of four focus areas in the Financial Stability Oversight Council’s 2025 annual report. “The council is prioritizing the responsible use of artificial intelligence to str…
New Delhi, Jan 20 (IANS) India’s banking and non-banking financial companies (NBFCs) showed improved financial resilience on the back of comfortable capital including buffers, stabilising asset quality, and profitability, a report said on Tuesday.The report from domestic credit rating agency Brickwork Ratings said that scheduled commercial banks reported capital adequacy ratios (CAR) well above the minimum regulatory requirements, with system-wide levels around 17 per cent.CAR is the measure o…
Mumbai, Jan 20 (IANS) India’s flexi cap mutual funds saw their assets under management (AUM) surge 148.28 per cent over the last four years as top funds provided over 20 per cent returns over the last five years, a report said on Tuesday.The report from ICRA Analytics said that AUM of flexi cap funds touched Rs 5.52 lakh crore in December 2025, up from Rs 2.22 lakh crore in December 2021.Net inflows into these funds have increased by nearly 316 per cent over the last four years at Rs 10,019 cr…
New Delhi, Jan 13 (IANS) The Pension Fund Regulatory and Development Authority (PFRDA) has constituted a high-level committee to formulate guidelines and regulations to enable a framework for assured payouts under the National Pension System (NPS).This move aligns with the provisions of the PFRDA Act and aims to enhance the security of retirement income for subscribers, according to a Finance Ministry statement issued on Tuesday.The committee will be chaired by Dr M.S. Sahoo, Founder of Dr Sahoo…
Mumbai, Jan 9 (IANS) The National Stock Exchange of India Ltd (NSE) is in ongoing discussions with the Indian Gas Exchange (IGX) to launch an Indian Natural Gas Futures contract, a move aimed at strengthening the country’s natural gas market ecosystem, according to an official statement on Friday.The proposed futures product aims to offer market participants a transparent, efficient risk‑management tool aligned with India’s evolving natural gas pricing framework, the exchange said.NSE said…