by AIP Online Bureau | Aug 31, 2026 | Indian News, Non-Life, Policy, Technology
Debasish Prusty, additional secretary, DFS, on Sept 27, convened a meeting with executive directors and general managers of the six PSU insurers to deliberate on the proposed implementation of the framework.The discussions are to be followed by a higher-level meeting...
by AIP Online Bureau | Aug 18, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News
Finance Minister Nirmala Sitharaman Sitharaman also pointed to the perception gap between public and private sector banks among younger customers, saying private banks appeared to have an image of being banks that were “cool enough as well”, and urged PSBs...
by AIP Online Bureau | Apr 29, 2026 | Indian News, Non-Life, Policy, Workplace/Employee Benefits
M Nagaraju,secretary,DFS Nagaraju emphasized that PSICs should focus on increasing investment opportunities and devise strategies to reduce loss ratios, while maintaining market share and consistently strengthening their retail portfolios and presence across rural and...
by AIP Online Bureau | Apr 12, 2026 | Indian News, Non-Life, Policy
Though, the government had not announced any specific plans for the mergers among PSU general insurers-New India Assurance, Oriental Insurance, United India Insurance, United India Insurance- in recent times, the Department of Financial Services(DFS) was...
by AIP Online Bureau | Mar 27, 2026 | Banking & Bancassurance, Health, Indian News, Life, Non-Life, Policy, Regulation
M Nagaraju, secretary, Department of Financial Services Till date eighteen such meetings have been conducted and 360 grievances have been reviewed. The objective of such an exercise is to assess the efficacy of grievance resolution through a ‘dip-stick...
