CAMS brings you a weekly glimpse at the key happenings in the BFSI sector, in India and abroad. Regulatory updates or important news, here are some which might have had an impact on the sector.
As Brexit shock passes, Britain economy will slow down but should not experience recession, according to economists at credit rating agency Moody’s. The growth for rest of the world is also stabilizing.
The ‘green fund’ proposal from The Road Transport and Highway ministry is rejected by Ministry of Finance. The ‘green fund’ proposal seeks to set aside 1% of project cost to provide green canopy along highways.
By bringing in uniform disclosure norms for both listed and unlisted companies, Insurance Regulatory and Development Authority of India (IRDA) is pushing for more transparency in the insurance segment.
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