by AIP Online Bureau | May 15, 2022 | Banking & Bancassurance, Indian News, Regulation
According to the RBI data on frauds reported by PSBs in all categories during FY22, the highest amount of Rs 9,528.95 crore was reported by the city-based Punjab National Bank (PNB), involving 431 such incidents The country’s largest lender State Bank of India...
by AIP Online Bureau | May 15, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
Going ahead, FPIs selling will continue in the coming weeks as heat waves in the market and outside will make investors sweat a bit more, Vijay Singhania, Chairman, TradeSmart, said, adding that the selling has resulted in FPI’s stake in Indian companies falling...
by AIP Online Bureau | May 15, 2022 | Disaster & Management, Indian News, Non-Life
According to the flood reports of Assam State Disaster Management Authority (ASDMA), till May 14, a total of 24,681 people in 94 villages in six districts – Cachar, Dhemaji, Hojai, Karbi Anglong West, Nagaon and Kamrup (Metro) have been affected in the first...
by AIP Online Bureau | May 15, 2022 | Banking & Bancassurance, Indian News, Non-Life, Policy
The Delhi High Court(Delhi HC), while disposing one of the cases , has already disapproved BBB’s power to select directors of public sector insurance companies while another case questioning the BBB’s power to appoint CMDS of PSU general insurance...
by AIP Online Bureau | May 15, 2022 | Eco/Invest/Demography, Non-Life, Policy
According to recent government data, total 3,66,138 road accidents occurred in India during 2020, causing 1,31,714 deaths New Delhi: India loses more people in road accidents than in a war, Union Minister General (retd) V K Singh said on Friday. Addressing an event...
