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IBAI meets Sitharman, submits proposals for insurance inclusion

IBAI meets Sitharman, submits proposals for insurance inclusion

by AIP Online Bureau | Oct 8, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy, Regulation

Lto R- Narendra Kumar Bharindwal, president, IBAI,Nirmala Sitharaman, Union Minister for Finance and Corporate Affairs, Rashmi Iyer, director, IBAI Nirmala Sitharaman, Union Minister, Finance & Corporate Affairs Embed suitable insurance covers with Mudra Loans,...
Sitharaman urges citizens to raise awareness about Rs1.84 trillion unclaimed assets in financial sector

Sitharaman urges citizens to raise awareness about Rs1.84 trillion unclaimed assets in financial sector

by AIP Online Bureau | Oct 5, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Wealth Management/ Philanthropy

Nirmala Sitharaman,Union Finance Minister M. Nagaraju, Secretary, Department of Financial Services (DFS) added that unclaimed insurance proceeds stand at over Rs 13,800 crore, unclaimed balances in mutual funds amount to about Rs 3,000 crore, and unpaid dividends...
Sitharaman urges citizens to raise awareness about Rs1.84 trillion unclaimed assets in financial sector

Sitharaman to launch nationwide awareness campaign of unclaimed financial assets on Oct 4

by AIP Online Bureau | Oct 1, 2025 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy, Regulation

Nirmala Sitharaman ,Union Minister for Finance and Corporate Affairs, Unclaimed financial assets, including insurance policy claims, bank deposits, dividends, shares, and mutual fund proceeds, often remain unclaimed due to lack of awareness or outdated account details...
Sitharaman urges citizens to raise awareness about Rs1.84 trillion unclaimed assets in financial sector

India’s resilience stands out amid increased global uncertainties: Sitharaman

by AIP Online Bureau | Sep 25, 2025 | Eco/Invest/Demography, Indian News, Policy, Risk Management

“But amidst all uncertain global situations, India’s resilience stands out and several favourable factors, such as strong macroeconomic fundamentals, a young demography, and greater reliance on domestic demand, provide the core strength to the Indian...
India moved to fewer GST slabs, but ‘not yet’ ready for one rate: FM

India moved to fewer GST slabs, but ‘not yet’ ready for one rate: FM

by AIP Online Bureau | Sep 18, 2025 | Eco/Invest/Demography, Indian News, Policy

Nirmala Sitharaman,Union Finance Minister The finance minister described the ongoing reform process as part of “new generation GST reforms”, focused on making the system simpler and fairer, especially for the poor and middle class. Kolkata: Union Finance Minister...
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