by AIP Online Bureau | Nov 30, 2021 | Banking & Bancassurance, Data
As per information received from the Reserve Bank of India (RBI), as on December 31, 2020, the total number of such accounts in Scheduled Commercial Banks (SCBs) was 8,13,34,849 and the amount of deposits in such accounts was Rs 24,356 crore, Sitharaman said in a...
by AIP Online Bureau | Nov 30, 2021 | Eco/Invest/Demography, Indian News, Risk Management
On asked if the government proposes to ban misleading advertisements in media, she said the guidelines of Advertising Standards Council of India are being studied and their regulations are also being looked into ”so that we can take, if necessary, some kind of...
by AIP Online Bureau | Nov 30, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic, Policy, Workplace/Employee Benefits
While underlining that the new variant doesn’t escape RT-PCR and RAT tests, Bhushan asked states and UTs to ensure adequate infrastructure and supervised home isolation, according to a health ministry. Bhalla also said that the contacts of the international...
by AIP Online Bureau | Nov 30, 2021 | Intermediaries, International News, Non-Life, Reinsurance, Risk Management, Technology
Combining Willis Towers Watson’s Radar Live with CodeEast’s ONEview digital insurance platform provides a solution that maximises profit margins through real-time risk assessment and reduces operational costs by deploying state-of-the-art insurance product...
by AIP Online Bureau | Nov 30, 2021 | Eco/Invest/Demography, Facts, Life, Non-Life, Workplace/Employee Benefits
Among the foremost sources of financial concern listed by respondents were providing for their ageing parents financially (48%) and funding their own retirement (60%). Both worries could be linked to the rising costs of living and life expectancy here. In just a...