The robust and effective mechanism would allow easy on-boarding of the complainant and s/he has to fill only eight mandatory fields to lodge the grievance. The landing page is simple with a clean design. It focusses on two actions -- namely 'register a new complaint'...
Small towns and cities who have done a fantastic job of growing their business but have never thought of monetizing their efforts are now gearing up for the move. Hence we see many applications being filled with the regulator,'' Motilal Oswal Investment Advisors' Tare...
Supratim Bandyopadhyay,Chairperson,PFRDA ''The Minimum Assured Return Scheme is under development. Tentatively, we may start from September 30,'' PFRDA Chairperson Supratim Bandyopadhyay told reporters here on Friday New Delhi: The Pension Fund Regulatory and...
Lloyd’s members and managing agents will be able to use the new vehicle to manage their capital and risk management requirements by attracting new sources of capital and reinsurance protection. London: Lloyd’s today announced that it has received regulatory approval...
The total quantum of the instruments under other forms of capital taken together has to be lower of the following, at any point in time: 50 percent of the total paid up equity share capital and securities premium of an insurer and 50 percent of the net worth of the...
The index captures information on various aspects of financial inclusion in a single value ranging between 0 and 100, where 0 represents complete financial exclusion and 100 indicates full financial inclusion. In August last year, the central bank said it has been...
Few bidders, including Piramal, Torrent, Oaktree and IndusInd Bank, have written to the administrator seeking an extension of the deadline from existing August 10 to September 15. Moreover, sources said, one of the bidders Piramal Group is also facing roadblock as...
Debasish Panda,chairman,IRDAI Corporate agents are allowed to place commercial lines and general insurance covers without any limit on the sum insured The Insurance Marketing Firms (IMF) will be allowed to engage Insurance Sales Persons (ISP) for the purpose of...
Regulated entities (REs) should address financial risks arising from climate change and environmental degradation, through its risk management framework, in line with Board-approved risk appetite statement, risk management strategy and business plan, said the RBI...
This exchange will facilitate efficient price discovery with the assurance of responsible sourcing and quality, apart from giving impetus to the financialisation of gold in India, a statement by the IFSC Authority said. Ahmedabad: Prime Minister Narendra Modi will...