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Signs of pick up in bank credit, says SBI's Arundhati Bhattacharya

Jun 19, 2015

Signs of pick up in bank credit, says SBI's Arundhati Bhattacharya

There are lot of plans, which corporates have finalised and they have also started working on projects, the SBI chief said. #Business #Economy #SBI #TheySaidIt #Irda #Bank credit #Arundhati Bhattacharya
RBI notifies hike in FDI cap in insurance sector to 49%

Apr 08, 2015

RBI notifies hike in FDI cap in insurance sector to 49%

The FDI cap in the sector has been hiked to 49 percent and that includes foreign investment in the forms of FPI, FII, QFI, FVCI, NRI and DR. #RBI #FDI #PolicyWatch #insurance sector #DIPP #IRDA Act
Insurance sector to get lot of foreign investment: Jaitley

Mar 20, 2015

Insurance sector to get lot of foreign investment: Jaitley

A Bill providing for raising the foreign investment cap in the insurance sector to 49 percent was passed last week. #Economy #FDI #TheySaidIt #Arun Jaitley #MINING #Insurance #Irda #Jayant Sinha
Good times: Life insurance policy holders may get 15% cut in premiums

Jan 16, 2015

Good times: Life insurance policy holders may get 15% cut in premiums

Dematerialisation of insurance policy is being done by five insurance repositories, including CAMS Repository Services. #Business #Economy #RBI #PolicyWatch #Irda #Life insurance #CAMS Repository Services #Bancassurance guidelines
RBI allows banks to act as insurance brokers, set up subsidiary for sales

Jan 16, 2015

RBI allows banks to act as insurance brokers, set up subsidiary for sales

Seeking to increase insurance penetration in the country, the Reserve Bank today allowed banks to act as brokers for insurers, set up their own subsidiaries and also undertake referral services for multiple companies. #P. Chidambaram #RBI #Banks #NewsTracker #Insurance #Irda #LIC #GIC
Towers Watson acquires Metis Insurance, enters brokerage space in India

Jan 16, 2015

Towers Watson acquires Metis Insurance, enters brokerage space in India

Leading global professional services company Towers Watson has forayed into the employee benefits brokerage space in the country with the acquisition of a stake in Metis Insurance. #Insurance #Irda #Towers Watson #Metis Insurance #Insurance brokerage
Hiking FDI to 49% alone will not ring in 'ache din' for insurance consumers

Jan 10, 2015

Hiking FDI to 49% alone will not ring in 'ache din' for insurance consumers

A transparent and a balanced approach, penetration of consumer friendly products and seamless experience is what the insurance consumer needs now #Irda #Ordinance #The Insurance Laws (Amendment) 2014 #insurance penetration
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