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by AIP Online Bureau | Mar 12, 2025 | Workplace/Employee Benefits

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IRDAI grants license to Prem Watsa promoted Indian reinsurer Value Attics

IRDAI grants license to Prem Watsa promoted Indian reinsurer Value Attics

by AIP Online Bureau | Mar 12, 2025 | Indian News, Regulation

The IRDA has also identified Life Insurance Corporation of India, The New India Assurance Company Ltd and General Insurance Corporation of India as Domestic Systemically Important Insurers (D-SIIs) for FY 2024-25 Oben Ventures LLP (promoted by Kamesh Goyal) and FAL...
RBI invites applications for recognition of SROs for account aggregator ecosystem

RBI invites applications for recognition of SROs for account aggregator ecosystem

by AIP Online Bureau | Mar 12, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation

The account aggregator framework facilitates secure and seamless exchange of specified financial information through Non-Banking Financial Company-Account Aggregators, which act as intermediaries between Financial Information Providers (FIPs) and Financial Information...

Equity MFs inflow drops 26 pc to Rs 29 303 cr in Feb SIP hit 3-month low

by AIP Online Bureau | Mar 12, 2025 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy

Inflows into systematic investment plans (SIP) came at Rs 25,999 crore in February, making it three months low. Before this, SIP inflow was Rs 26,400 crore in January and Rs 26,459 crore in December New Delhi: Inflow in equity mutual funds dropped 26 per cent to Rs...

Growing role of insurance companies and retail investors in private credit making it vulnerable: BIS report

by AIP Online Bureau | Mar 12, 2025 | International News, Regulation, Risk Management

“The growing role of insurance companies and retail investors, as well as funds’ leverage and degree of portfolio concentration warrant monitoring, This is especially relevant in light of growing interlinkages between banks and private credit” The Bank for...
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