financial institutions

CVC-constituted panel ABBFF gives advice on 84 bank fraud cases

The idea to establish ABBFF was to remove the fear of witch-hunting and actions based on hindsight, among officials of public sector banks.

published on : 19th June 2022

Banking, financial institutions struggling to deal with increasing fraud incidents amid Covid-19: Study

The reasons noted are large-scale remote working models, increase in customers using non-branch banking channels and the limited use of forensic analytics tools to identify potential red flags.

published on : 17th January 2022

Government to soon clear list of independent directors for various banks

The sources said that a list of eligible persons to be appointed as independent directors has gone to the Prime Minister's Office and it will take a final call soon.

published on : 14th November 2021

RBI issues draft norms to implement Basel III Capital Framework for AIFIs

The draft directions propose minimum capital ratio of 11.5% of total risk weighted assets (RWA).

published on : 23rd October 2021