by AIP Online Bureau | Jan 3, 2022 | Indian News, Regulation, Technology
The acquirer should incur all liabilities arising out of technical or transaction security issues at the merchant’s end. The RBI emphasised that offline payments will be covered under the provisions of its limited customer liability circulars Mumbai: To push...
by AIP Online Bureau | Jan 3, 2022 | Eco/Invest/Demography, Indian News, Policy
The total number of districts in the country in 2011, when the last census was conducted, was around 640. India now has about 100 more districts The number of statutory towns stands at 4,657 — up from 4,041 in 2011 and the number of census towns is 5,050 —...
by AIP Online Bureau | Jan 3, 2022 | Indian News, Policy
Central government officers/staff will have to follow staggered timing to avoid overcrowding in the offices, the order said New Delhi: The Centre has allowed 50 per cent of its employees below the level of Under Secretary to work from home amid rising coronavirus...
by AIP Online Bureau | Jan 3, 2022 | Indian News, Life, Non-Life, Regulation
The variable remuneration should be reduced where there is deterioration in the financial performance of the insurer. The deterioration in the financial performance should generally lead to a contraction in the total amount of variable remuneration, which can even be...
by AIP Online Bureau | Jan 3, 2022 | Health, Indian News, Non-Life, Pandemic, Regulation, Reinsurance
The insurance companies have put in place effective coordination mechanism with all their network providers (hospitals) for the purpose of making available seamless cashless facility to all policyholders in case of hospitalisation if any and render speedy services to...
