by AIP Online Bureau | May 23, 2025 | Eco/Invest/Demography, Indian News, Policy, Risk Management, Technology
“In UP, around 10 crore Jan Dhan accounts were opened and a majority of these were citizens, who had never used banking services. A major reason behind this was higher costs. With IT integration and online transactions, the cost was brought down to Rs 50 from Rs...
by AIP Online Bureau | May 23, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Regulation, Risk Management, Technology
“In order to further ease the process for the convenience of customers, the instructions regarding updation/periodic updation of KYC are being amended with the intent , inter alia, to allow BCs to facilitate in the process of KYC and KYC updation,” he...
by AIP Online Bureau | May 22, 2025 | Indian News, Life, Technology
Naveen Tahilyani Earlier, Prudential plc had announced its plan to establish a joint venture with Vama Sundari Investments (Delhi) Private Limited (Vama), an HCL Group’s Promoter Company, for an Indian standalone health insurance company London: UK major...
by AIP Online Bureau | May 22, 2025 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
“The availability of diverse investment products, such as mutual funds, exchange traded funds (ETFs), portfolio management services (PMS), REITs, InVITs, AIFs, plain vanilla debentures, market linked debentures, etc, allows investors to build diversified...
by AIP Online Bureau | May 22, 2025 | Workplace/Employee Benefits
Tuhin Kanta Pandey, chairman, Securities and Exchange Board of India Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey pointed out that the market ecosystem has grown significantly in recent years, with the number of participants nearly...
