by AIP Online Bureau | Jun 8, 2022 | Indian News, Life, Non-Life, Regulation
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...
by AIP Online Bureau | Jun 8, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Intermediaries, Technology
More than 50 lakh banking correspondents across the country are carrying out ”cash in cash out” kind of transactions using the system, UIDAI CEO Saurabh Garg said ”There is a need for a proper cyber security system, real time disputes to be solved...
by AIP Online Bureau | Jun 8, 2022 | Indian News, Non-Life
Led by ICICI Lombard General Insurance, the private sector general insurers’ total premium has grown by 17 per cent y-o-y to Rs 8034 crore in the month of May The private sector general insurers have increased their market share to 51.84 per cent(47.92 per cent) in...
by AIP Online Bureau | Jun 8, 2022 | Climate, Environment, Renewable Energy, Indian News, Regulation
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...
by AIP Online Bureau | Jun 8, 2022 | International News, Non-Life, Reinsurance
“The decision to close our Property Reinsurance business was not taken lightly and was driven by the significant and increasing effects of climate change and the challenges faced by the catastrophe reinsurance market. We are committed to doing all we can to help...
