by AIP Online Bureau | Dec 3, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy
Today, PSU banks have Rs 2.37 lakh crore deposited in the PM Jan Dhan Accounts. In 2014, the average balance of the PM Jan Dhan Accounts was Rs 1,065. It has now increased to Rs 4,397. The Banking Laws (Amendment) Bill, 2024, proposes to allow a bank account holder to...
by AIP Online Bureau | Apr 8, 2024 | Data, Eco/Invest/Demography, Non-Life
The retail sales across segments rose by 10 per cent to 2,45,30,334 units last fiscal as compared with 2,22,41,361 units in 2022-23.Notably, the PV, three-wheeler and tractor segments set records, surpassing previous years’ performances Automobile retail sales...
by AIP Online Bureau | Mar 26, 2024 | Articles, Eco/Invest/Demography, Intermediaries, Non-Life, Reinsurance
Asia, the Middle East, and India were the most stable markets. Asia saw an influx of new insurers and exhibited a broader risk appetite, and while the Middle East and India saw a decrease in the overall number of deals, an increase in $1bn+ enterprise value deals saw...
by AIP Online Bureau | Jan 7, 2024 | Articles, Eco/Invest/Demography, Life, Non-Life, Technology
Kenneth SaldanhaSenior Managing Director – Global Insurance Lead, Accenture In 2024, we will see excitement about the possibilities of GenAI give way to growing demand for material economic impact from AI/GenAI solutions As we look ahead to 2024, while we see many...
by AIP Online Bureau | Dec 31, 2023 | Eco/Invest/Demography, Features, Policy, Regulation, Risk Management
”After a couple of difficult years, the economic environment is turning more benign with inflation trending down and growth remaining robust. Most forecasts project that growth in 2024-25 would be close to but slightly lower than in 2023-24. The global slowdown...
