CAMS brings to you the important happenings in the BFSI segment during this week. In this weekly roundup, we will attempt to cover key events, milestones, regulatory updates that have an impact on the BFSI sector in India and the world.
China’s slowdown is affecting Asian countries that have strong trade linkages. Indonesia’s rupiah, South Korea’s won and the Singapore dollar are projected to decline in the coming year, India’s rupee is expected to decline the least.
Foreign insurance companies have started to increase their stake in India, after the Insurance Laws (Amendment) Act, 2015. Richard Holloway and Sanket Kawatkar of Milliman India Pvt.Ltd., an actuarial services company speak about the need to improve the participating business in India.
United Nations Development Programme (UNDP) released the Human Development Report for 2015. One of the facts from this report include; India was among those countries in which 80 percent women did not have access to bank accounts in 2014.
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