The court rejected this argument of the state government, stating...
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RBI mulling e-cheques, widening regulatory ambit to include digital payment cos
As part of its efforts to prevent fraud, the RBI is also planning...
Dip-stick Survey:DFS Secy takes up unsatisfied closed complaints with banks and insurers
M Nagaraju, secretary, Department of Financial Services Till date...
India AI Governance Guidelines do not allow unrestricted deployment of high-risk AI systems: Govt
Jitin Prasada,Union Minister of State for Electronics and Information Technology It can also pose risks to individuals and society. Some of these include bias, discrimination, unfair outcomes, exclusion, and lack of transparency New Delhi:The India AI Governance...
20 of 24 PMFBY implementing states have opened escrow account for paying premium subsidy since Kharif 2025
Andaman & Nicobar Islands, Manipur, Mizoram and Sikkim are yet to open Escrow Accounts under the PMFBY,said Minister of State for Agriculture and Farmers Welfare Ramnath Thakur New Delhi:20 of the 24 Pradhan Mantri Fasal Bima Yojana(PMFBY) implementing states have...
CSR must inherently include environmental responsibility Supreme Court
"The corporate definition of 'social responsibility' must inherently include environmental responsibility. Companies cannot assert to be socially responsible while ignoring equal claims of the environment and other beings of the ecosystem," the bench said. New Delhi:...
RBI board approves risk-based deposit insurance framework for banks
"It is proposed to introduce risk-based deposit insurance premium with the currently applicable flat rate of premium as the ceiling. This will incentivise sound risk management by banks and reduce premium to be paid by better rated banks,'' Sanjay Malhotra, governor,...
Traditional medicine doesn’t get recognition it deserves, has to win confidence via science: Modi
Prime Minister Narendra Modi Addressing the WHO Global Summit on Traditional Medicine, Modi said strengthening research, use of digital technologies and developing a trusted regulatory framework will further bolster traditional medicine New Delhi: Prime Minister...
Seth urges insurers on timely and effective resolution of policyholders’ grievances
``When a citizen takes the trouble to write a grievance,they are not filling a form—they are sending a signal that they need the system to listen. How we respond to that signal shapes trust not only in insurance, but in institutions themselves. Choose the customer...
Piramal Finance to exit Shriram Life, sells its 14.72 pc stake to Sanlam for Rs 600 cr
The transaction is expected to close in the quarter ending March 31, 2026, subject to receipt of the requisite regulatory approvals, including approval of the Insurance Regulatory and Development Authority of India, Piramal Finance said in a regulatory filing New...
Domestic investors pour Rs 4.5 lakh crore into equities this year: NSE
The sharp rise in investor numbers has gone hand in hand with stronger inflows into equities, with nearly Rs 4.5 lakh crore invested by households this year alone.While domestic investors remained strong, foreign portfolio investors showed limited interest in Indian...
Shriram Finance to sell 20 pc stake to Japanese firm MUFG Bank for Rs 39 618 cr
This collaboration combines Shriram Finance's established domestic franchise and extensive distribution network with MUFG Bank's global expertise and financial strength. The fund infusion will significantly enhance SFL's capital adequacy, strengthen its balance sheet,...
Passage of Insurance Bill in Parliament to play catalytic role for sector growth: LIC Chief
The Bill provides a framework for greater operational agility and innovation, allowing insurers to design and distribute targeted products that cater to evolving insurance needs, including retirement security, longevity solutions, and health-linked protection,LIC CEO...