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RBI issues directions on AePS operators onboarding to enhance security

RBI issues directions on AePS operators onboarding to enhance security

by AIP Online Bureau | Jun 27, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Risk Management, Technology

The RBI has asked the acquiring bank to carry out due diligence of all ATOs before onboarding the AePS Touchpoint Operator (ATO), which is the same as the one followed while acquiring a customer, as per the directions. Mumbai: The Reserve Bank on Friday issued...
Govt proposes new registration plate for hydrogen vehicles

Govt proposes new registration plate for hydrogen vehicles

by AIP Online Bureau | Jun 27, 2025 | Climate, Environment, Renewable Energy, Indian News, Policy

According to a draft notification issued by the Ministry of Road Transport and Highways on Friday, in case of a hydrogen fuel operated commercial vehicle, the top half of number plate will be green and bottom half blue, while the figures on plate will be in yellow New...
Insurers have to ensure premiums are reasonable and affordable: DFS secretary

Insurers have to ensure premiums are reasonable and affordable: DFS secretary

by AIP Online Bureau | Jun 27, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Non-Life, Policy, Regulation

M Nagaraju, Secretary, Financial Services Banks need to ensure that there is no mis-selling of insurance to customer and premium are affordable so as to help increase market penetration for such products New Delhi: Observing that high premiums dissuade people from...
Investors’ wealth surges by Rs 12.26 lakh cr in 4 days of market rally

Investors’ wealth surges by Rs 12.26 lakh cr in 4 days of market rally

by AIP Online Bureau | Jun 27, 2025 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy

In the past four days, the benchmark has jumped 2,162.11 points or 2.64 per cent.Tracking optimism in equities, the market capitalisation of BSE-listed firms soared by Rs 12,26,717.72 crore to Rs 4,60,09,217.58 crore (USD 5.38 trillion) in four trading days. New...

Fairfax appoints Amitabh Kant as a senior advisor

by AIP Online Bureau | Jun 27, 2025 | Briefs, Life, Non-Life, Reinsurance

Canadian billionaire Prem Watsa’s company Fairfax Financial Holdings Limited on Friday said it has appointed former NITI Aayog CEO Amitabh Kant as a senior advisor. Go Digit, backed by Fairfax, has a general insurance company, a life insurance company and a...
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