by AIP Online Bureau | Jul 10, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
According to the data, the number of folios with 43 fund houses rose to 13.46 crore in June 2022 from 12.95 crore in March 2022, registering a gain of 51 lakh during the three-month period. The industry crossed a milestone of 10 crore folios in May 2021 Mumbai: Asset...
by AIP Online Bureau | Jul 10, 2022 | Banking & Bancassurance, Indian News, Life, Regulation
At present, PNB has stakes in two insurance firms — PNB MetLife India Insurance Company Limited (PNB MetLife) and Canara HSBC OBC Life Insurance Company Ltd (CHOICE) HSBC Insurance (Asia Pacific) Holdings Limited, that holds 26 percent in Canara HSBC Life...
by AIP Online Bureau | Jul 10, 2022 | Workplace/Employee Benefits
With the latest data breach, the country with a nearly 1.4 billion population risks the personal information of nearly 70 per cent population. While experts said that it is unclear how many people have accessed or downloaded the database during the 14 months or more...
by AIP Online Bureau | Jul 9, 2022 | Indian News, Life, Non-Life, Reinsurance
Debasish Panda, chairman, IRDAI The entities who have applied for the new licenses are Paytm General Insurance, Anzen General Insurance ( R1 filed in July), Ria General Insurance( R1 applied), Kshema General Insurance(Agriculture Insurance, R2 under process),Cosmea...
by AIP Online Bureau | Jul 9, 2022 | Eco/Invest/Demography, Facts, Health, Non-Life, Pandemic, Technology
An ageing population in India, along with a growing middle class and enhanced life expectancy, is expected to boost the demand for allied health care services in India, Antara said. New Delhi: Around 70 per cent of senior citizens did not have access to proper...