Further, the app's 'Banking Outlet' section will help users find...
Category:
Regulation
Latest
IRDAI forms high powered panel under former SBI chief Dinesh Khara to suggest measures for insurance reforms
Dinesh Khara, former chairman, State Bank of India Panel will look...
IRDAI unveils Bima-ASBA for issuing life and health policies from March 1
Under Bima –ASBA facility, transfer of money from the prospect to...
IRDA forms panels to implement RBC, IFRS, and Insurtech strategies
In order to take forward the process of setting out reforms for increasing insurance penetration and facilitating sustainable growth of the industry and to explore the emerging trends and opportunities such as technology based core processes, Insutech, Risk...
Cryptocurrencies akin to ‘a world of Carribean pirates’ in absence of regulation: CEA
V Anantha Nageswaran,Chief Economic Adviser The government is working on a consultation paper on cryptocurrencies and is taking inputs from various stakeholders and institutions, including World Bank and IMF New Delhi: Chief Economic Adviser V Anantha Nageswaran on...
Deadline to submit Reliance Capital resolution plans likely to be extended
According to sources, as of now, there are only three bidders who are actively engaged with the CoC for RCap's resolution. These are Piramal, Yes Bank and IndusInd Bank Mumbai: Lenders to Reliance Capital may extend the last date for submission of bids for acquiring...
Air quality panel bans use of coal in Delhi-NCR from next year
However, the use of low-sulphur coal in thermal power plants has been exempted from the ban New Delhi: The Commission for Air Quality Management (CAQM) has issued directions to ban the use of coal in industrial, domestic and other miscellaneous applications in the...
RBI raises key lending rate by 50 basis points to check raging inflation
Shaktikanta Das.Governor,RBI RBI Governor Shaktikanta Das said that real GDP for FY23 is seen at 7.2%, and that for Q1 at 16.2%, Q2 at 6.2%, Q3 at 4.1%, and Q4 at 4%. The inflation projection for the current financial year is seen at 6.7% and for Q1 at 7.5%, Q2 at...
Upgrading Indian Insurance Regulatory Framework
After 20 years of liberalisation, stage is set for larger reforms to leapfrog the Indian industry to the next level By C.L. Baradhwaj The Indian Insurance industry has crossed 20 years after privatisation. As per IRDAI’s Annual Report, insurance penetration for the...
IRDAI wants commission costs to be displayed on policy papers, to streamline Expense of Management structure for insurers
Rakesh Joshi, member (Finance and Investment), IRDAI Rakesh Joshi, member (Finance and Investment),IRDAI, had met chief financial officers (CFOs) of insurance companies and outlined IRDA's agenda of laying out a clear cut road map on expenses of management so that...
Head of Deutsche Bank’s DWS steps down after ‘greenwashing’ raids
As firms market their environmental, social and governance-related (ESG) credentials in an attempt to tap the trillions of dollars looking to have climate- and socially friendly impact, regulators are beginning to dig deeper into their claims FRANKFURT: The chief...
South Korean users file police complaint against Google CEO Sundar Pichai
Sundar Pichai,CEO,Google According to The Korea Times, Citizens United for Consumer Sovereignty (CUCS) has filed a complaint against Pichai, Google Korea CEO Nancy Mable Walker and Google Asia-Pacific President Scott Beaumont at Gangnam Police Station in Seoul for...
Ahead of consultation paper, RBI DG says CBDCs can kill case for cryptos
T Rabi Sankar, Deputy Governor,Reserve Bank of India The RBI has been vehemently opposed to cryptocurrencies like Bitcoin, saying there is no underlying value for such instruments which are essentially speculative in nature. It has gone public with the same, even as...