by AIP Online Bureau | Feb 11, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Intermediaries, Policy, Regulation, Technology
Amit Shah, Union Home Minister Union Home Minister Amit Shah said efforts are underway to use Artificial Intelligence (AI) for identifying mule accounts, in coordination with the Reserve Bank of India (RBI) and all banks to establish a system for their detection, an...
by AIP Online Bureau | Feb 10, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
“We see exciting opportunities in India, and on the African continent, which are both experiencing a significant influx of foreign investment. We believe this will create growing demand across a number of speciality lines, most notably credit and political risk.”...
by AIP Online Bureau | Feb 10, 2025 | Eco/Invest/Demography, Indian News, Life, Policy, Regulation
The government, along with LIC, is selling nearly 61 per cent stake in IDBI Bank. This includes a 30.48 per cent stake of the Government of India and 30.24 per cent of LIC New Delhi: The due diligence of qualified bidders for IDBI Bank, which is up for privatisation,...
by AIP Online Bureau | Feb 10, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Regulation
Debasish Panda,chairman,IRDAI The IRDAI, on Feb 12, is expected to do a plain speaking to the insurers who have not taken their Bima Sugam job seriously. IRDAI chairman Debasish Panda will address CEOs of non-life insurance companies on 13th Feb and life companies...
by AIP Online Bureau | Feb 9, 2025 | Indian News, Non-Life
`After January, we are now making efforts to maintain a healthy topline growth till the end of the year. We are giving a very strong thrust towards risk selection, bringing in greater accountability and monitoring mechanisms have been strengthened....