by AIP Online Bureau | Aug 13, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation
Michael Debabrata Patra,Deputy Governor,RBI Currently, the deposit insurance coverage limit (Rs 5,00,000 or approximately USD 6,000), fully protects 97.8 per cent of deposit accounts and 43.1 per cent of deposit value in India. Jaipur: India’s Deposit Insurance and...
by AIP Online Bureau | Aug 13, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Regulation
On Monday, the high court bench led by Acting Chief Justice Manmohan and Justice Tushar Rao Gedela declined to admit the PIL In February, Swamy filed an PIL before the Delhi High Court seeking a comprehensive probe into the alleged fraud in Axis Bank involving undue...
by AIP Online Bureau | Aug 13, 2024 | Data, Non-Life, Reinsurance, Technology
While the buzz around AI is inescapable and the potential benefits undeniable, its true value can only be fully harnessed when insurers get their own houses in order. The reality is the sector’s current pricing infrastructure doesn’t have the capacity to support this...
by AIP Online Bureau | Aug 13, 2024 | Eco/Invest/Demography, Health, Indian News, Non-Life
Union Finance Minister Nirmala Sitharaman The issue of removal of 18 per cent GST can be decided by the GST Council. Several suggestions have come up and I shall take up with the GST Council,” Nirmala Sitharaman had said during her reply to the amendments of Finance...
by AIP Online Bureau | Aug 13, 2024 | Health, Indian News, Workplace/Employee Benefits
While awarding the compensation, the commission considered various aspects, including losses of income and consortium, payment made by the patient for medical treatment, travelling expenses and day-to-day medical and nursing-care costs. New Delhi: The National...
