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Need to harmonise regulations across regulators to reduce compliance friction:DEA Secy

Need to harmonise regulations across regulators to reduce compliance friction:DEA Secy

by AIP Online Bureau | Nov 17, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management

Given the rapidly evolving landscape, Department of Economic Affairs Secretary Anuradha Thakur(in pic) emphasised the need for continued reforms and sustained focus on areas such as prudent regulation, disclosure and governance standards, gradual and controlled...
RBI forms committee for periodic review of regulations

RBI forms committee for periodic review of regulations

by AIP Online Bureau | Sep 17, 2025 | Banking & Bancassurance, Indian News, Regulation

The review body will be advised by a group of six industry experts, and will be chaired by State Bank of India’s managing director Rana Ashutosh Kumar Singh. N. S. Kannan, former managing director & Chief Executive Officer, ICICI Prudential Life Insurance is...
Acko General Insurance penalised Rs 1 cr by IRDA for violating regulations

Acko General Insurance penalised Rs 1 cr by IRDA for violating regulations

by AIP Online Bureau | May 24, 2025 | Indian News, Intermediaries, Non-Life, Regulation, Technology

According to the IRDAI order, even where outsourcing is given to an intermediary, the insurer retains the responsibility for all regulatory obligations and proper due diligence and monitoring of the outsourced service provider and the services provided Hyderabad/...
Use of term ‘bouncer’ intended to invoke fear terror in public mind: HC

Use of term ‘bouncer’ intended to invoke fear terror in public mind: HC

by AIP Online Bureau | May 21, 2025 | Indian News, Workplace/Employee Benefits

It also observed that the primary reason for engaging the services of a security agency or security guards is to ensure a safe and respectful space, but when these employers or employees become “miscreants”, assuming themselves to be extra-constitutional...
Flipkart fined Rs1.06 cr for flouting IRDAI norms

Flipkart fined Rs1.06 cr for flouting IRDAI norms

by AIP Online Bureau | Apr 8, 2025 | Eco/Invest/Demography, Indian News, Intermediaries, Non-Life, Regulation, Technology

Flipkart Internet Pvt Ltd ( FIPL) is a registered corporate agent under composite category Hyderabad: The Indian insurance regulator IRDAI has slapped a fine of Rs 1,06 crore on prominent e-commerce company Flipkart, promoted by Binny Bansal and Sachin Banls, for...
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