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Sovereign Green Bonds trading at IFSC to commence in 2nd half of this fiscal: RBI Governor

Sovereign Green Bonds trading at IFSC to commence in 2nd half of this fiscal: RBI Governor

by AIP Online Bureau | Aug 12, 2024 | Climate, Environment, Renewable Energy, Data, Eco/Invest/Demography, Policy, Regulation, Technology

Shaktikanta Das, Governor,Reserve Bank of India Reserve Bank Governor Shaktikanta Das further said, one major announcement in this year’s budget about developing a climate taxonomy “I think that will have a significant long-term impact on mobilisation of...
SBI Gen, Munich Re and GIC Re bag Nagaland’s parametric renewal cover for disaster management

SBI Gen, Munich Re and GIC Re bag Nagaland’s parametric renewal cover for disaster management

by AIP Online Bureau | Aug 12, 2024 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management

Neiphiu Rio,Chief Minister, Nagaland Nagaland Chief Minister Neiphiu Rio said his government and SBI General Insurance inked an MoU on for Disaster Risk Transfer Parametric Insurance Solution (DRTPS), making Nagaland the first state in the country to implement a...

Financial strain of disability in India high, insurance aims to bridge gap

by AIP Online Bureau | Aug 11, 2024 | Data, Eco/Invest/Demography, Features, Health, Non-Life

According to experts, close to 5 to 7 lakh people in the country suffer from temporary or permanent disability each year due to the high rates of accidents and crippling diseases and lose their ability to work and earn a livelihood New Delhi: A staggering number of...
India receives Rs 3.4 lakh cr of foreign investment in 2023-24:SEBI

India receives Rs 3.4 lakh cr of foreign investment in 2023-24:SEBI

by AIP Online Bureau | Aug 11, 2024 | Data, Eco/Invest/Demography, Policy

“Compared to net outflows of Rs 40,936 crore in 2022-23, FPIs invested Rs 3.4 lakh crore in India during 2023-24, which was the highest since 1992-93,” said SEBI. New Delhi: India’s Initial Public Offering (IPO) market witnessed a resurgence in 2024, with a total of...
Hinduja led IIHL deposits Rs 2,750 crore in escrow account, provides term sheet for funding Rs9,750 cr RCap deal

Hinduja led IIHL deposits Rs 2,750 crore in escrow account, provides term sheet for funding Rs9,750 cr RCap deal

by AIP Online Bureau | Aug 11, 2024 | Banking & Bancassurance, Indian News, Life, Non-Life, Regulation

IIHL, after transferring the funds ,has asked the CoC and administrator to implement the approved resolution plan for Reliance Capital Mumbai: Complying with the National Company Law Tribunal (NCLT), Hinduja owned  IndusInd International Holdings Limited (IIHL), the...
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