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FinMin for creation of two globally competitive banks as part of Viksit Bharat vision

FinMin for creation of two globally competitive banks as part of Viksit Bharat vision

by AIP Online Bureau | Sep 12, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy

The issue of globally competitive banks was deliberated during the first day of the two-day-long PSB Manthan 2025, organised by the Department of Financial Services here, One of the key points discussed was how to make at least two banks globally competitive and that...

JBA Risk Management launches new India Crop Model

by AIP Online Bureau | Sep 10, 2025 | Indian News, Non-Life, Reinsurance, Risk Management, Technology

The new model, which includes more enhanced market data, crops, seasons and districts, provides invaluable insight for the risk management and insurance pricing of India’s two primary crop insurance schemes, the yield and parametric based Pradhan Mantri Fasal Bima...

Tamil Nadu among India’s most insurance-aware markets: IMRB Kantar

by AIP Online Bureau | Sep 3, 2025 | Data, Eco/Invest/Demography, Life

Key insights revealed by a study initiated by Insurance Awareness Committee (IAC-Life) in collaboration with IMRB Kantar • 100% awareness of life insurance among respondents • 70% of non-policyholders intend to invest in life insurance within the next 3–6 months • 63%...

DII buying in India surpasses Rs 5 lakh crore mark for 2nd consecutive year

by AIP Online Bureau | Sep 1, 2025 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

Provisional NSE data indicates that mutual funds, banks, insurers, and other domestic institutions net purchased Rs 5.13 lakh crore in equities so far in 2025, following a record Rs 5.25 lakh crore worth of purchases in 2024. Mumbai: Domestic institutional investors...
India to become world’s third largest economy soon, says RBI Guv; hails PM Jan Dhan Yojana

India to become world’s third largest economy soon, says RBI Guv; hails PM Jan Dhan Yojana

by AIP Online Bureau | Aug 31, 2025 | Banking & Bancassurance, Pension & Social Security, Policy

Sanjay Malhotra, Governor, Reserve Bank of India The RBI governor said 55 crore accounts have been opened under the scheme to ensure participation of people from all sections in the country’s growth journey, providing them with savings, pension, insurance,...
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