by AIP Online Bureau | Mar 21, 2023 | Eco/Invest/Demography, Indian News, Non-Life
The state governments can use the State Disaster Relief Fund (SDRF) for providing immediate relief to farmers after conducting the crop survey. The central government can provide more funds from the National Disaster Relief Fund after the submission of a memorandum,...
by AIP Online Bureau | Mar 21, 2023 | Indian News
According to the US Geological Services, the 6.5 magnitude quake had an epicentre 40 km south by south east of Afghanistan’s Jurm. It occurred at a depth of nearly 190 km New Delhi: Strong tremors jolted parts of north India, including Delhi-NCR, on Tuesday...
by AIP Online Bureau | Mar 21, 2023 | Banking & Bancassurance, Eco/Invest/Demography, International News, Regulation
Treasury Department staff are reviewing whether federal regulators have enough emergency authority to temporarily insure deposits greater than the current $250,000 cap on most accounts without formal consent from a deeply divided Congress, according to people with...
by AIP Online Bureau | Mar 21, 2023 | Eco/Invest/Demography, Indian News, Risk Management, Wealth Management/ Philanthropy
This year, Citigroup Inc. exited its retail operations in India through a sale to Axis Bank, transferring all its wealth management business to the country’s third-largest private sector lender In addition, in the past decade, Credit Suisse’s new buyer — UBS AG,...
by AIP Online Bureau | Mar 21, 2023 | Indian News, Life, Regulation
The public issue consists of a fresh issue of equity shares worth up to Rs 500 crore and an offer-for-sale (OFS) up to 141,299,422 equity shares by promoter and selling shareholders Bank of Baroda will offload about 89,015,734 equity shares, while Carmel Point...
