by AIP Online Bureau | Nov 18, 2022 | Banking & Bancassurance, Indian News, Policy
As per a government notification dated November 17, 2022, the term for the appointment has been extended to 10 years, from the earlier 5 years, subject to superannuation age of 60 years The decision of the government would help banks to retain the talent who rise to...
by AIP Online Bureau | Oct 23, 2022 | Banking & Bancassurance, Indian News, Life, Policy
The government earlier this month invited bids for the sale of a 60.72 percent stake in IDBI Bank, which is 45.48 percent owned by the government and 49.24 percent by the Life Insurance Corporation of India (LIC). The official said that post-privatization, the...
by AIP Online Bureau | Oct 1, 2022 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Risk Management
ULIP will give direct and indirect benefits to all logistics stakeholders like verification of drivers and vehicles details in a single click, tracking and tracing of consignment, route optimisation planning, a timely update on the destination of the consignment,...
by AIP Online Bureau | Sep 29, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy
Senior Citizen Savings scheme will earn 20 basis points more to 7.6 per cent from the existing rate of 7.4 per cent during the October-December period, a finance ministry notification said New Delhi: The government on Thursday raised rates on some small savings...
by AIP Online Bureau | Sep 21, 2022 | Indian News, Risk Management, Technology
“Safety-belt reminder” means a system dedicated to alerting the driver when the driver and all other front-facing seat occupant(s) do not use the safety-belt. The system is constituted by a detection of an unfastened safety-belt and by a driver’s...
