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IRDAI Raised Minimum Driver Insurance Cover To INR 15 Lakh

Insurance regulator IRDAI has raised the minimum insurance cover for owner-driver to Rs. 15 lakh for a premium of Rs. 750 per annum, a...

India Post Payments Bank, Bajaj Allianz Join Hands ‘To Provide Insurance To All’

State-owned India Post Payments Bank (IPPB) and Private Life Insurer Bajaj Allianz Life Insurance Co Ltd (BALIC)  entered into a strategic partnership to provide...

SEBI Approves New KYC Norms For FPIs, Revised Settlement Mechanism

Markets regulator SEBI approved a slew of proposals, including a revised framework for settlement of cases and new KYC norms for foreign portfolio investors. The...

Centre Proposes To Merge Bank of Baroda, Vijaya Bank and Dena Bank

The government has proposed amalgamation of Bank of Baroda, Vijaya Bank, and Dena Bank to create India’s 3rd largest globally competitive Bank. Finance Minister Arun...

Federal Bank Inks MOU With Infopark Kakkanad

Federal Bank, which is in the process of formation of a wholly owned subsidiary company, has executed MOU with Infopark Kakkanad for leasing space...

Internal Ombudsman Scheme 2018 Introduced For Scheduled Commercial Banks

Dear Aspirants,  Internal Ombudsman Scheme 2018 The Reserve Bank of India had, in May 2015, advised all public-sector and selected private and foreign banks to appoint Internal...

RBI Notifies Amended Note Refund Rules

The Reserve Bank of India has released new guidelines through a gazette notification for all notes which were introduced post note ban, or notes...

Axis Bank Appoints HDFC’s Amitabh Chaudhry as MD & CEO

Axis Bank announced that Amitabh Chaudhry has been appointed as its managing director & CEO from January 1, 2019, for a period of three...

HDFC ERGO Makes Cyber Insurance Personal With Launch of ‘E@Secure’

HDFC ERGO, India's third-largest non-life insurance provider in the private sector, announced the launch of 'E@Secure', a Cyber Insurance Policy for individuals. This policy aims...

Sanctioned Rs 335 Crore to West Bengal in August: NABARD

National Bank for Agriculture and Rural Development (NABARD) has sanctioned an amount of Rs 335 crore under the Rural Infrastructure Development Fund (RIDF) to West...

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