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Kotak Mahindra Bank enters general insurance biz

Nov 25, 2014

Kotak Mahindra Bank enters general insurance biz

The bank has received the approval from the Reserve Bank of India (RBI) to form a subsidiary to commence this business, the lender said in a release. #Irda #Kotak Mahindra Bank #General Insurance
J&K floods: Irda asks life insurers to settle claims quickly

Sep 14, 2014

J&K floods: Irda asks life insurers to settle claims quickly

The sector regulator has also asked the life insurance companies to nominate a senior officer who would act as the nodal officer in the state for coordinating or expediting settlement of all the claims that are reported. #Economy #India #ASSOCHAM #Agriculture #Kashmir #Tourism #J&K #Flood #Insurance #Irda #Jammu
FDI in insurance: LIC favours raising cap in sector to 49%

Sep 14, 2014

FDI in insurance: LIC favours raising cap in sector to 49%

Sources said LIC Chairman S K Roy, while presenting the view of the country's largest insurer at a recent meeting of the select committee, was in favour of raising the cap from 26 per cent now, #India #Congress #BJP #FDI #Insurance #Irda #TMC #LIC
IRDA may impose compulsory insurance broking model on banks

Jan 17, 2014

IRDA may impose compulsory insurance broking model on banks

IRDA chairman T S Vijayan had earlier indicated that the regulator is in favour of banks acting as 'brokers'. #RBI #Reserve Bank of India #NewsTracker #bank #Irda #Ministry of Finance #T S Vijayan