by AIP Online Bureau | Jan 1, 2025 | Banking & Bancassurance, Indian News, Life, Non-Life, Policy, Regulation
M Nagaraju, Secretary, Department of Financial services At the outset, the Secretary reiterated the Prime Minister’s direction given in the Pragati meeting held on December 26, that all the Senior officers at the level of Chairman/ MD/ ED of PSBs/PSICs should...
by AIP Online Bureau | Jan 1, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Reinsurance, Technology
Prime Minister Narendra Modi For large scale technology infusion in implementation of the scheme leading to increasing transparency and claim calculation and settlement, the Union Cabinet has also approved creation of Fund for Innovation and Technology (FIAT) with a...
by AIP Online Bureau | Dec 31, 2024 | Articles, Eco/Invest/Demography, Non-Life, Policy, Regulation, Reinsurance
Shailaja Lall & Shivangi Talwarer Some clarity has been provided on ‘services related or incidental to insurance business’ under the 2024 Amendment Bill which includes carrying on and transacting guarantee and indemnity business, managing, selling and realising...
by AIP Online Bureau | Dec 31, 2024 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Workplace/Employee Benefits
The framework is designed to ensure that Sebi-regulated entities (REs) maintain robust cybersecurity posture, remain equipped with adequate cyber resiliency measures and can withstand, respond to, and recover from cyber threats, effectively New Delhi: Sebi on Tuesday...
by AIP Online Bureau | Dec 31, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
Rural and semi-urban areas now account for 50 per cent of the total SIP accounts in the country. Meanwhile, AUM growth in B-30 (Beyond 30 cities) outpaced the top-30 cities during this period. New Delhi: Indian mutual fund industry’s assets under management (AUM) saw...
