by AIP Online Bureau | Aug 8, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology, Wealth Management/ Philanthropy, Workplace/Employee Benefits
Alternative investment avenues are becoming more attractive to retail customers and as a result banks are facing challenges on the funding front with deposits trailing loan growth,RBI Governor Shaktikanta Das Referring to the recent incidence of unprecedented IT...
by AIP Online Bureau | Aug 8, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Technology, Workplace/Employee Benefits
Shaktikanta Das,Governor,RBI “This means that cheques will be cleared within a few hours on the day of presentation. This will speed up cheque payments and benefit both the payer and the payee,” the RBI governor said Mumbai: The RBI aims to reduce the clearing time...
by AIP Online Bureau | Aug 8, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation, Wealth Management/ Philanthropy
Shaktikanta Das, Governor, Reserve Bank of India Resilient and steady economic growth in India is allowing the central bank to focus on bringing inflation down towards its 4% medium term target, said RBI Governor Shaktikanta Das, emphasising that price stability is...
by AIP Online Bureau | Aug 8, 2024 | Briefs, Eco/Invest/Demography, Life
IndiaFirst Life Insurance Company (IndiaFirst Life) announced its selection as one of the life insurers for NABFINS, a subsidiary of the National Bank for Agriculture and Rural Development (NABARD) to provide Group Credit Life Micro Insurance cover for NABFINS’...
by AIP Online Bureau | Aug 8, 2024 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy
Rajiv Ranjan Singh,Union Minister for Fisheries, Animal Husbandry & Dairying Union Minister Rajiv Ranjan Singh informed the Rajya Sabha that the insurance coverage provided under the Group Accidental Insurance Scheme (GAIS) includes Rs 5,00,000 against death or...