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Govt sets up a high level panel under IRDAI chairman to overhaul Indian insurance sector

by AIP Online Bureau | Mar 17, 2019 | Indian News, Policy, Regulation

  New Delhi:  In a bid to overhaul the Indian insurance sector, almost after 20 years of liberalisation of the industry,  the centre has appointed a high level panel under the chairmanship of S C Khuntia, chairman,IRDAI, just before the Modi government...

In India, most complaints by flyers are about harassment by airline staff

by AIP Online Bureau | Mar 17, 2019 | Eco/Invest/Demography, Indian News, Risk Management

  New Delhi: Most complaints filed by air passengers in the Civil Aviation Ministry's grievance redressal system relates to behaviour of airline staff and harassment of flyers, according to an official document. .  'Loss of baggage' category in...

Govt to soon start selection process for new PFRDA chairman

by AIP Online Bureau | Mar 17, 2019 | Indian News, Pension & Social Security, Policy, Regulation

   New Delhi: The government will soon start selection process for a new chairman of pension fund regulator PFRDA to succeed the present chief, Hemant G Contractor, whose term is slated to end in April.   "The Finance Ministry will soon come out...

IDBI Bank board proposes change in name to either LIC IDBI Bank or LIC Bank

by AIP Online Bureau | Mar 17, 2019 | Uncategorized

   Mumbai: The IDBI Bank's proposal for changing its name has not found any favour from the Reserve Bank of India, sources said. The board of IDBI Bank last month proposed change in the name of the lender to either LIC IDBI Bank or LIC Bank, following...

Ex-SC Judge Justice PC Ghose set to be first Lokpal

by AIP Online Bureau | Mar 17, 2019 | Eco/Invest/Demography, Indian News, Policy

  New DelhI Former Supreme Court judge Justice Pinaki Chandra Ghose was on Sunday recommended to be the first Lokpal or anti-corruption ombudsman of India.   His name was finalised and recommended by the Selection Committee comprising of Prime Minister...
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