ICICI Lombard general insurance company is going to merge with Bharti AXA’s non-life insurance business through a scheme of arrangement. According to ICICI Lombard, it will be the...
Gurgaon headquartered, Religare Health Insurance got a new name “Care Health Insurance”. Religare Enterprises Limited is the umbrella organization of the group, which provides services like SME finance,...
The Reserve Bank of India has come up with the Second National Strategy for Financial Education (NSFE) for the time period of 2020-25. The document of the apex...
The Government of India has established International Financial Services Centre Authority. The headquarters of the authority is to be established in Gandhinagar, Gujarat. Highlights The Authority was established...
The Insurance Regulatory and Development Authority of India (IRDAI) has provided guidelines for the health insurance providers to implement Arogya Sanjeevani Insurance Policy. The regulator had earlier made...
On March 29, 2020, the Government of India approved insurance scheme for health workers that are fighting against Corona Virus. The Scheme was announced under the Pradhan Mantri...
The Reserve Bank of India has launched National Strategy for Financial Inclusion (2019-24). The main motive of the strategy is to provide access to financial services in an...
The Union Cabinet approved a proposal for capital infusion and immediate release of Rs 2,500 crore to three state-owned general insurance companies. The three public sector companies are:...
The GoI will merge 3 public Sector Insurance Companies as announced in budget 2019-20. The merger includes United India Insurance Limited, National Insurance Co Limited and Oriental Insurance...
The panel headed by Nandan Nilekani has submitted the recommendations to the Reserve Bank of India (RBI) for strengthening digital payments ecosystem. Recommendations of the Nilekani Panel The...
The Insurance Regulatory and Development Authority of India (IRDAI) set up Suresh Mathur Committee to review regulatory framework on micro insurance, and to recommend measures to increase demand...