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BBB launches programme for improving quality of PSU bank boards

by AIP Online Bureau | Mar 6, 2022 | Banking & Bancassurance, Indian News, Policy

It is expected that the program will help the directors think of the road ahead in the business and elevate themselves to be a source of wisdom and guidance for the management and stakeholders to raise the performance levels of Public Sector Banks in the global...
Govt to soon decide on giving additional charge of New India Assurance CMD

Govt to soon decide on giving additional charge of New India Assurance CMD

by AIP Online Bureau | Feb 20, 2022 | Indian News, Non-Life, Policy

The finance ministry had proposed to give additional charge to Anjan Dey,CMD of Delhi based Oriental Insurance Company, till the appointment of a new CMD of the Mumbai-based NIA, sources said. The insurance sector regulator IRDAI has sought clarification from the...

Delhi HC adjourns hearing on “BBB selecting UII CMD” to March 21

by AIP Online Bureau | Feb 5, 2022 | Indian News, Non-Life, Policy

The case, which was initiated in the court of Justice Justice V Kameswar Rao is now being heard by Justice Yogesh Khanna, has been been adjourned to March 21 New Delhi: The Delhi High Court on Feb 03 has adjourned the ongoing hearing of a plea by Inderjeet Singh,...

Govt inducts three insurers as part time members into BBB

by AIP Online Bureau | Dec 28, 2021 | Banking & Bancassurance, Indian News, Life, Non-Life, Policy, Reinsurance

The new members are Usha Sangwan, former MD, Life Insurance Corporation representing the life segment, A.V. Girija Kumar, former CMD, Oriental Insurance Company(OIC), for non-life, Sujay Banarji, former member,(Distribution), for re-insurance or actuarial science New...

Delhi HC seeks Govt’s response on BBB’s power to select UII CMD

by AIP Online Bureau | Dec 20, 2021 | Indian News, Non-Life, Policy

Legal observers point out that it will be interesting to watch how government will  be responding to Delhi HC’s notice on an issue which not only affects Tripathy’s posting but also whole host of top level appointments in the public sector insurance companies in...
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