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RBI Introduces 15-Day Deadline for Deceased Customer Claims, Penalties for Delays to Ensure Swift Settlements

Sarah Mitchell 11 Aug, 2025

The RBI has proposed a 15-day deadline for settling claims of deceased customers, introducing penalties for delays to ensure swift and uniform processing across banks. The draft in...

Economy

Federal Reserve Governor Advocates for Simplified Banking Regulations to Empower Community Banks

Olivia Carter 28 Feb, 2025

Federal Reserve Governor Michelle W. Bowman urges for a streamlined regulatory framework to support community banks, emphasizing the need for tailored policies to prevent overregul...

Business

UBS CEO Sergio Ermotti Voices Concerns Over Stringent Banking Regulations

Ryan Peterson 30 Dec, 2024

UBS Group AG CEO Sergio Ermotti criticizes extreme banking regulations in a Migros-Magazin interview, warning against the potential negative impact on Switzerland's banking sector ...