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Sanjay Lalla to head EASE project for PSU general insurers

Sanjay Lalla to head EASE project for PSU general insurers

by AIP Online Bureau | Oct 20, 2026 | Indian News, Non-Life, Policy, Technology

Sanjay Lalla, Prject leader, EASE The proposed EASE framework could provide a common reform roadmap for public sector general insurers, with a focus on improving productivity, strengthening governance, modernising technology platforms and enhancing customer service....
Banking services impacted as unions go on nationwide strike to press for 5-day workweek

Banking services impacted as unions go on nationwide strike to press for 5-day workweek

by AIP Online Bureau | Sep 11, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News

The strike call given by the UFBU, an umbrella body of seven unions representing 90 per cent of officer and employee strength, did not impact the functioning of private sector banks. NEW DELHI: Banking services, especially at public sector banks across the country,...
Govt asks PSU general insurers to borrow `EASE’ from banking counterparts to fight out competition, to be finalised on Sep 2

Govt asks PSU general insurers to borrow `EASE’ from banking counterparts to fight out competition, to be finalised on Sep 2

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...
Sitharaman asks public sector banks to focus on youth; provide cool, simple banking to suit their needs

Sitharaman asks public sector banks to focus on youth; provide cool, simple banking to suit their needs

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...
DFS Secretary Nagaraju reviews functioning of PSU general insurers

DFS Secretary Nagaraju reviews functioning of PSU general insurers

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...
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