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...
by AIP Online Bureau | Mar 27, 2026 | Indian News, Non-Life, Policy
OIC poised to introduce forward-looking solutions like Sarvatra Suraksha Parametric Insurance Policy, Nil Depreciation Comprehensive Policies, including long-term variants and Surety Bond Insurance, aligning with evolving risk landscapes and national priorities. New...
by AIP Online Bureau | Mar 24, 2026 | Indian News, Non-Life, Policy
The post will fall vacant as Girija Subramanian, CMD, NIA, will be retiring on July 31.Both eligible PSU and private sector candidates can apply. Last date for applying is Apr 21 New Delhi:After filling up the post of CMD at GIC Re, the FSIB has invited applications...
by AIP Online Bureau | Mar 23, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy
The amalgamation of PSBs, as envisaged, has contributed to improving operational efficiency and financial soundness of banks through streamlining of operations and reduction in costs, thereby resulting in increasing consolidated business of banks, Minister of State...