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Bank fraud declines to Rs 3,785 crore in FY22: Bhagwat Karad

by AIP Online Bureau | Jul 26, 2022 | Banking & Bancassurance, Indian News, Policy

As per the RBI data, frauds involving the amount of Rs 11,800 crore were detected in 2020-2021, the Minister of State for Finance said in a written reply to the ​Lok Sabha New Delhi: The amount involved in frauds reported by banks and select financial institutions...
Govt yet to choose PSU general insurers to be privatised: Karad

Govt yet to choose PSU general insurers to be privatised: Karad

by AIP Online Bureau | Mar 21, 2022 | Indian News, Non-Life, Policy

Bhagwat Karad, minister of state, ministry of finance As per inputs received from Department of investment and Public Asset Management(DIPAM), the government has not yet decided on the public sector general insurance companies that are to be privatised The government...
No proposal to merge public sector general insurance companies: MoS Karad

No proposal to merge public sector general insurance companies: MoS Karad

by AIP Online Bureau | Nov 30, 2021 | Banking & Bancassurance, Indian News, Non-Life, Policy

Minister of State for Finance Bhagwat K Karad In a written reply to the Rajya Sabha, Minister of State for Finance Bhagwat K Karad said there is no proposal under consideration of the government at present for merger of public sector general insurance companies. New...
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