by AIP Online Bureau | Jan 25, 2019 | Indian News, Non-Life
Mumbai: With an underwriting profit of Rs 49 crore ,SBI General Insurance has recorded a profit of Rs 89 cr for Q3, FY 18-19, up 53 per cent, as compared to Rs 58 cr in the year-ago period. With a valuation of Rs 12,000 crore at the end of Q2 FY 2018-19,...
by AIP Online Bureau | Jan 24, 2019 | Banking & Bancassurance, Indian News, Life, Regulation
Mumbai: The insurance regulator IRDAI will allow IDBI Federal Life Insurance to continue with its existing promoter,IDBI Bank even after the Life Insurance Corporation(LIC) has picked up 51 per cent in the bank and is named as the new promoter of the...
by AIP Online Bureau | Jan 24, 2019 | Indian News, Regulation
Mumbai: Post the Supreme Court rulings, Indian insurers will be allowed use Aadhaar Card for eKYC(Know your customer) with the condition that they `mask’ the 12 digits on the card and only use Quick Response (QR) Code. The insurance regulator...
by AIP Online Bureau | Jan 23, 2019 | Uncategorized
New Delhi: The government will constitute a standing committee on affordable medicines and health products that would act as a recommending body to the national drug pricing regulator with respect to prices of drugs and health products. The committee will have...
by AIP Online Bureau | Jan 23, 2019 | Indian News, Pension & Social Security
New Delhi: The finance ministry is looking at some of the suggestions of PFRDA including increasing upper age limit for availing Atal Pension Yojana (APY) to 50 years, Financial Services Secretary Rajiv Kumar said on Wednesday. To make APY more...
