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Marching hand-in-hand: Innovation & Automation

Banking Frontiers

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January 2025

In the January 2024 issue of Banking Frontiers, Gyanendra Singh, CTO of Aviva India, had shared about how the company excels at RPA through governancebased implementation and pragmatic vendor selection. He shares more initiatives since then:

Marching hand-in-hand: Innovation & Automation

The year 2024 has been a game-changer for Aviva India, as it introduced several groundbreaking innovations that revolutionize both the insurance and wellness landscape in India. It recently launched a savings life insurance plan, Aviva Bharat Parivar Vikas Yojana, aimed specifically at enhancing insurance penetration among semiurban, rural, and low-income populations. This innovative, byte-sized product can be issued in just 2 minutes without any documentation, making it extremely accessible. The product leverages the company’s newly developed onboarding platform, which is among the most advanced in India. It utilizes the country’s digital infrastructure for eKYC, PAN, and account verification, along wit

Banking Frontiers से और कहानियाँ

Banking Frontiers

Norway finds no need for CBDC

Norges Bank, Norway's central bank, has decided that a central bank digital currency is not needed for now and that the country's existing payment system remains secure, efficient and widely used.

time to read

1 min

January 2026

Banking Frontiers

AMFI beautifies Andheri Metro station

The Association of Mutual Funds in India, or AMFI, has undertaken the beautification of the metro station at Andheri in Mumbai under its 'Mutual Funds Sahi Hai' program, which is part of AMFI's mission to enhance investor awareness by seamlessly integrating the message of simple, transparent and goal-oriented investing into the everyday journeys of millions of Mumbaikars.

time to read

1 min

January 2026

Banking Frontiers

Banking Frontiers

NBFCs:The Roadmap of Exemplars

In August 2025, Banking Frontiers organized its annual Distinguished NBFC Awards (DNA).

time to read

10 mins

January 2026

Banking Frontiers

New fees guide for Saudi banks, institutions

The Saudi Central Bank, or SAMA, has issued a new Fees Guide for Financial Institutions' Services, which brings in broad reductions and caps on customer fees across banking and payment services.

time to read

1 min

January 2026

Banking Frontiers

Banking Frontiers

From loans to leasing to 'as-a-service' model: EV finance

The EV Finance segment in India is flourishing with new concepts and processes:

time to read

3 mins

January 2026

Banking Frontiers

CRDB Bank finalizes partnership with 3 development institutions

Tanzania's CRDB Bank has concluded 3 landmark partnerships with leading development finance institutions, FinDev Canada, DEG (KfW Group, Germany), and Shelter Afrique Development Bank (ShafDB), as part of its transformation process.

time to read

1 min

January 2026

Banking Frontiers

EMFAI organizes second sustainable mobility summit

The Electric Mobility Financiers Association of India (EMFAI) organized the second edition of the EMFAI Sustainable Mobility Summit 2025 at Pragati Maidan in New Delhi recently.

time to read

1 min

January 2026

Banking Frontiers

Banking Frontiers

SARB initiates major payment system upgrade

The South African Reserve Bank is in the process of implementing Payment Ecosystem Modernization, or PEM:

time to read

3 mins

January 2026

Banking Frontiers

Banking Frontiers

Governance tames the tech cost monster

Technology costs are rising, sometimes rampantly. Siddharth Bhat, CTO at Religare Broking and Nagarjun R, CTO at Alice Blue explain the causes and showcase counter-measures:

time to read

6 mins

January 2026

Banking Frontiers

Oman now has a polymer currency note

The Central Bank of Oman has unveiled the country's first polymer one-rial banknote.

time to read

1 min

January 2026

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