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EPFO achieves a historic high of 21.6 million claim settlement as on March 6

EPFO achieves a historic high of 21.6 million claim settlement as on March 6

by AIP Online Bureau | Mar 17, 2025 | Data, Eco/Invest/Demography, Pension & Social Security, Policy, Regulation, Technology

At present, 96 per cent corrections are being done without any EPF office intervention, and over 99 per cent claims are received through online mode New Delhi: Retirement fund body EPFO settled a record number of 21.6 million claims through the autonomous process in...
Allianz exits 2 Bajaj insurance JVs by selling its 26 % for Rs 24,180 crore, to set up new Indian insurance companies

Allianz exits 2 Bajaj insurance JVs by selling its 26 % for Rs 24,180 crore, to set up new Indian insurance companies

by AIP Online Bureau | Mar 17, 2025 | Indian News, Life, Non-Life, Regulation, Reinsurance

Allianz, which had invested just Rs 174 crore in both the JVs way back in 2001 , is expected to start new insurance new companies in India soon either by partnering with another Indian company or with full ownership after the government allows 100 per cent FDI in the...
Avoid calling customers repeatedly to submit KYC docs Malhotra

Avoid calling customers repeatedly to submit KYC docs Malhotra

by AIP Online Bureau | Mar 17, 2025 | Eco/Invest/Demography, Indian News, Regulation, Technology

Other areas where the banks need to focus on from a customer service perspective are misselling, digital frauds, and aggressive recoveries practices, said RBI Governor Sanjay Malhotra Mumbai: Reserve Bank of India (RBI) Governor Sanjay Malhotra on Monday asked banks...
Religare Enterprises seeks governance review, funding from Burman family

Religare Enterprises seeks governance review, funding from Burman family

by AIP Online Bureau | Mar 17, 2025 | Health, Indian News, Life, Non-Life

The objective is to review past operating practices, suggest improvements and to identify any potential instances of misconduct by certain current and/or former employees of Religare and its units, the company said in an exchange filing New Delhi: India’s...

Aon’s president Eric Andersen made sr advisor to CEO Case

by AIP Online Bureau | Mar 17, 2025 | Intermediaries, International News

The role of president has been assumed by Case. Andersen joined Aon with the firm’s acquisition of Minet in 1997 and has played a significant role over the last 28 years in advancing the firm’s Aon United strategy, resulting in positive outcomes for...
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