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Federal Bank increases its stake in Ageas Federal Life Insurance by 4% to 30 %

by AIP Online Bureau | Mar 26, 2025 | Banking & Bancassurance, Briefs, Life

Federal Bank has increased equity stake in Ageas Federal Life Insurance(AFLI) by four per cent to 30 per cent. Jude Gomes, MD & CEO, Ageas Federal Life Insurance, said, “We welcome this step by Federal Bank, which reflects the continued trust and confidence in our...

More than a fifth of super rich want to migrate out of India Survey

by AIP Online Bureau | Mar 26, 2025 | Eco/Invest/Demography, Facts, Policy, Wealth Management/ Philanthropy

The survey of 150 ultra high networth individuals said that the US, UK, Australia, Canada and even UAE due to its golden visa scheme are the favourite destinations where the rich prefer to settle down. Mumbai: At least 22 per cent super rich Indians wish to leave the...
Misleading ads: SC asks states UTs to set up grievance redressal mechanism

Misleading ads: SC asks states UTs to set up grievance redressal mechanism

by AIP Online Bureau | Mar 26, 2025 | Eco/Invest/Demography, Indian News, Risk Management

A bench of Justices Abhay S Oka and Ujjal Bhuyan said state governments should create such mechanisms for members of the public to lodge complaints about objectionable advertisements prohibited under Drugs and Magic Remedies Act, 1954 New Delhi: The Supreme Court on...
Misleading ads: SC asks states UTs to set up grievance redressal mechanism

‘Insensitive inhuman’ SC stays Allahabad HC observations on rape

by AIP Online Bureau | Mar 26, 2025 | Indian News, Workplace/Employee Benefits

Calling it a “very serious matter”, a bench of Justices B R Gavai and Augustine George Masih said, “In normal circumstances, we are slow in granting stay at this stage. But since the observations in paragraphs 21, 24 and 26 are totally unknown to...
Regulations should not create unintended barriers for financial inclusion: RBI Guv

Regulations should not create unintended barriers for financial inclusion: RBI Guv

by AIP Online Bureau | Mar 26, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management

“India has made substantial progress on financial inclusion with 94 per cent of adults now having a bank account, It must be ensured that regulations do not create unintended barriers to financial inclusion. We need to be mindful of customer rights and...
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