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SBI asks field functionaries to desist from mis-selling of insurance products

SBI asks field functionaries to desist from mis-selling of insurance products

by AIP Online Bureau | Jan 1, 2023 | Banking & Bancassurance, Indian News, Life

The bank asked the field functionaries to ensure that the branches conduct need-based selling of insurance products with strict compliance to the Assessment of Suitability and Appropriateness Framework (ASAF) and sourcing of business is undertaken for 100 per cent KYC...
Domestic passenger vehicles sales rise 23 pc to record of 37.93 lakh units in 2022

Domestic passenger vehicles sales rise 23 pc to record of 37.93 lakh units in 2022

by AIP Online Bureau | Jan 1, 2023 | Eco/Invest/Demography, Indian News, Non-Life

”The industry wholesales in January to December 2022 were just short of 38 lakh units. It was 37.93 lakh units against 30.82 lakh in 2021, which is a growth of 23 per cent,” Maruti Suzuki India Senior Executive Officer, Marketing & Sales Shashank...

1,040 lives lost in road accidents caused by use of mobile phone: Govt

by AIP Online Bureau | Jan 1, 2023 | Data

A total of 4,12,432 road accidents occurred in 2021, which claimed 1,53,972 lives while 3,84,448 people were injured New Delhi: A total of 1,997 road accidents occurred in 2021 due to the use of mobile phone by drivers while driving, which claimed 1,040 lives,...

China’s economic activity at slowest since 2020 as Covid-19 spreads

by AIP Online Bureau | Dec 31, 2022 | Eco/Invest/Demography, Health, International News, Pandemic

“Manufacturing and consumption both declined as Covid situation brought relatively big impact to enterprises, personnel on duty and logistics,” the statistics bureau said in a statement accompanying the data release China’s abrupt reversal of its Covid Zero policy...
Year-ender 2022: Despite vaccine strides, India not out of Covid-19 shadow yet

Year-ender 2022: Despite vaccine strides, India not out of Covid-19 shadow yet

by AIP Online Bureau | Dec 31, 2022 | Eco/Invest/Demography, Health, Indian News, Pandemic

“Currently, there are 10 different variants of Covid-19 in the country, with the latest being BF.7. The Delta variant of Covid-19 is also around in the country,” a source told ANI. The sudden surge in Covid cases in the United States, China, Brazil and...
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