by AIP Online Bureau | Aug 5, 2026 | Eco/Invest/Demography, Indian News, Life, Policy, Regulation
“Offer for Sale in the Life Insurance Corporation of India (LIC) closed with an overwhelming response from both retail and institutional investors. The issue was oversubscribed on both days, and the Government exercised its entire green shoe option. With this,...
by AIP Online Bureau | Jul 24, 2026 | Eco/Invest/Demography, Indian News, Technology
The new system, known as Central Know-Your-Customer 2.0 (CKYC), will only require the customer’s consent for these institutions to fetch data stored at a central registry when opening an account or updating their details. Mumbai: Indian banks and insurers will...
by AIP Online Bureau | Jul 6, 2026 | Indian News, Life
Outlining its future priorities, the corporation said its strategy would focus on increasing the share of non-participating products, strengthening profitability, expanding bancassurance and alternate distribution channels, accelerating digital transformation, and...
by AIP Online Bureau | Apr 30, 2026 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
Retail products already account for 61 per cent of total Indian AUM, making India one of the most retail-dominated markets in the region, the firm said. New Delhi: India’s asset under management grew 17 per cent in 2025 — ahead of the Asia-Pacific average of 12 per...
by AIP Online Bureau | Mar 30, 2026 | Eco/Invest/Demography, Indian News, Risk Management, Wealth Management/ Philanthropy
“Another day of Carnage witnessed on D-Street. Uncertainty looms over sentiments. Escalating tensions in West Asia continued to weigh heavily on markets, as the ongoing US-Israel conflict with Iran entered its fifth week and expanded across the region,”...
