by AIP Online Bureau | Dec 8, 2022 | Indian News, Life, Policy
“The government is planning to broaden the eligibility criteria for appointment of LIC CEO so that private sector candidates can apply,” said one of the government officials, who declined to be identified as the discussions are private New Delhi: India...
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...
