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PM Modi to address depositors in bank deposit insurance programme tomorrow

by AIP Online Bureau | Dec 11, 2021 | Banking & Bancassurance, Indian News, Regulation

“Deposit insurance covers all deposits such as savings, fixed, current, recurring deposits, etc. in all commercial banks, functioning in India. Deposits in State, Central and Primary cooperative banks, functioning in States/Union Territories are also...

Deal or no deal, insurance rates soar to cover M&A boom

by AIP Online Bureau | Dec 11, 2021 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

Potential buyers take out insurance to protect against issues such as misrepresentation by a target of its performance or order book, while sellers buy cover to ensure a clean exit. The M&A insurance market has risen to more than $5 billion from less than $3...

COVID crisis led to significant economic losses for BRICS: RBI

by AIP Online Bureau | Dec 11, 2021 | Eco/Invest/Demography, International News, Pandemic

The COVID crisis has led to significant economic losses and made the social fabric of the BRICS fragile by amplifying unemployment, poverty, gender disparity and migration risks, the bulletin noted. Mumbai:The COVID crisis has led to significant economic losses and...

Sebi asks mutual funds, alternate investment funds, portfolio managers to disclose investors charter, complaint data

by AIP Online Bureau | Dec 11, 2021 | Indian News, Regulation

Mutual funds are required to disclose the details of investor complaints on their respective websites as well as on AMFI website on a monthly basis in the prescribed format The data needs to be disclosed latest by 7th of succeeding month, Sebi said in separate...

Time for Covid-19 booster doses, recommends house panel

by AIP Online Bureau | Dec 11, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic, Policy, Regulation

The Committee has also recommended that the MHA may take up with the Health Ministry to issue guidelines on fixation of price ceilings for hospital beds during pandemics like COVID-19 and other public health emergencies and due publicity be given to such prices. New...
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