Sanjay Malhotra, governor, Reserve Bank of India The central bank...
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Zero GST Impact: Pvt sector general and health insurers slash commission to brokers and agents by 18% from Oct 1
ICICI Lombard General Insurance, Tata AIG General insurer, Star...
FSIB recommends R Chander as MD of LIC
The Financial Services Institutions Bureau (FSIB) interviewed five...
Govt working on mission mode to address mental health as a public health concern: MoS
Bharti Pravin Pawar,minister of state, Ministry of Health & Family Welfare She said according to a National Mental Health Survey of India conducted through NIMHANS, Bengaluru in 2016, the prevalence of mental disorders in adults aged above 18 years is "about 10.6...
Scindia unveils UDAN 5.2, says aviation sector fleet size has expanded 75 pc since 2013
Union Civil Aviation Minister Jyotiraditya Scindia ``We today started UDAN 5.2 programme for small aircraft. We have awarded 22 routes, which underlines the fact that air travel facilities are being made available to citizens living in remote areas,'' Scindia said at...
Centre will adopt UP’s health fair model: Mansukh Mandaviya
Union Health and Family Welfare Minister Mansukh Mandaviya ''A health fair is organised every week at every primary health and wellness centre in the state. Two and a half to three lakh poor people are treated at such fairs. We will implement this model in the whole...
Chubb seeks 49% of India’s Kotak General Insurance, has edge over Zurich -sources
Kotak General Insurance continues to have discussions with Zurich, though separate talks with private equity firm Carlyle have not worked out, the people added MUMBAI: U.S. insurer Chubb is in talks to acquire a 49% stake in India’s Kotak General Insurance and has...
RBI plans guidance on stress testing for climate vulnerability of banks’ credit portfolio: RBI dy governor
''For this to materialise, central banks can incorporate climate-related risks into their supervisory frameworks and can contribute to the development of frameworks and standards for green finance. These frameworks can help promote transparency, standardization, and...
PMJAY results in huge out-of-pocket expenditure savings related to hospitalisations for beneficiaries: Govt
''As of July 19, 2023, 5.39 crore hospital admissions worth Rs 66,236 crore have been authorised which is a direct out-of-pocket expenditure saving,'' Baghel said in his written reply. Further, if these services would have been availed from the market, the cost would...
SBI Life Q1 net profit rises 45% to Rs 381 crore
The life insurer's Value of New Business (VoNB) has declined by one per cent and stood at Rs 8.7 billion in the reporting quarter. Similarly, the company has seen its New Business Margin (VoNB Margin) falling to 28.8 per cent in Q1Fy 2023-24 from 30.4 per cent in the...
Bandhan group to acquire Aegon life
Karni S Aaha, MD, Bandhan Financial Holdings, said, ``The acquisition of Aegon life provides us an opportunity to enhance our portfolio of products and services in the financial services sector.’’ Mumbai/Kolkata: After a year of search, the promoters of Aegon Life,...
Govt to launch Ayushman Bhav prog to achieve 100% coverage of health schemes
The aim of Ayushman Melas would be to build awareness on healthy behaviours and provide early diagnosis through screening, comprehensive primary health care services with drugs and diagnostics, teleconsultation with health specialists, and appropriate referrals with a...
India has mechanism for financing disaster response, mitigation,preparedness and recovery: PK Mishra
''Over the last few years in India, we have completely transformed the way disaster risk reduction is financed.We now have a predictable mechanism for financing not just disaster response but also disaster mitigation, preparedness and recovery. Can we have analogous...