by AIP Online Bureau | Mar 10, 2025 | Banking & Bancassurance, Indian News, Regulation, Technology
Sanjay Malhotra,Governor , RBI “We will continue to encourage innovation while promoting safety and security through soft touch regulations,” the RBI chief said and added that the central bank has adopted a soft-touch approach to regulating the payments...
by AIP Online Bureau | Mar 9, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management
“The EU is urging India to adopt stronger privacy regulations aligned with GDPR, but India sees this as an unnecessary burden on its digital economy. India has just enacted its Digital Personal Data Protection Act, 2023, which it argues should be sufficient,...
by AIP Online Bureau | Feb 15, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation, Risk Management
Debasish Panda, chairman,IRDAI Distribution reforms in the pipeline were discussed which aim to empower individuals in the space of insurance intermediation through measures to enhance performance and productivity of the distribution channels, training and capacity...
by AIP Online Bureau | Jan 24, 2025 | Health, Indian News, Regulation
In an order passed by two members of the IRDAI- Rajay Kumar Sinha,(F&I) and Deepak Sood,(Non-Life), the insurance regulator has said that the payments made by RSGI during 2018-19 and 2019-20 to vendors in excess of Rs1 crore were not reported in the outsourcing...
by AIP Online Bureau | Jan 10, 2025 | Health, Indian News, Life, Non-Life, Regulation, Reinsurance, Technology
These changes align with IRDAI’s broader move towards a modern, dynamic and principle-based efficient regulatory framework, said the IRDAI. Hyderabad: As a part of the comprehensive review of regulatory framework to maintain an agile, progressive, and forward-looking...
