DFS under Indian Government, proposed Rs 1Cr to Rs 5Cr Panalty on Insurance companies for worng documentations
DFS in India has proposed stringent penalties for insurance companies, 1 Cr to 5 Cr
All posts tagged: Insurance
FinMin recommends 100% insurance FDI, which includes a composite licensing provision for accessibility, affordability, sector expansion, and business process efficiency
The Department of Financial Services (DFS) is seeking public comments on proposed amendments aimed at […]
The Indian government plans to amend insurance law to allow a unified license and increase the 100% FDI limit in the upcoming amendment bill
The Indian government plans to amend insurance law to allow a unified license and increase the 100% FDI limit in the upcoming amendment bill
Stocks of SBI Life and HDFC Life drop 3% and 1.67%, respectively, as the FM tells banks to stop selling insurance and focus on core banking. Stop Misleading!
Finance Minister Nirmala Sitharaman’s advice to banks to focus on core banking caused anxiety in […]
In an effort to boost the rate of insurance penetration, the union government may raise FDI in insurance to 100%
According to a Times of India story, the government is getting ready to implement significant […]
GST Council to discuss online gaming and insurance premium taxing
The GST Council, which is presided over by Finance Minister Nirmala Sitharaman and is made […]
Insurance rates rise by 25–30% in just three years: What is causing the increase and what is next?
Recent increases in insurance rates in India are mostly attributable to rising medical costs and […]
How can you cut expenses with modern health insurance plans?
Health insurance is still essential because it can help you save a sizable sum of […]
Common Indian’s Forgotten Wealth: Over Rs. 2 Lakh Crore of Unclaimed Assets
The massive amount of over Rs2 lakh crore of unclaimed money belonging to ordinary Indians […]
Aviva is under investigation for breaching local commission caps through false invoices and cash transfers
According to a notice reviewed by Reuters, the Indian tax authorities determined that British insurer […]