FM Nirmala Sitharaman reviews progress of proposed LIC IPO : Rashtra News #Nirmala #Sitharaman #reviews #progress #proposed #LIC #IPO Finance minister Nirmala Sitharaman on Friday reviewed the progress of the proposed initial public offering (IPO) of Life Insurance Corporation of India (LIC). The review comes amid hectic preparations for the upcoming budget. The government has
India Business News: Mumbai: The insurance regulatory has announced the creation of an ONDC-like electronic marketplace - Bima Sugam - which will serve as a digital public.
Bima Sugam e-market, life cover surrender value, corporate governance norms among 8 regulations approved by IRDAI thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
BJP leader Subramanian Swamy sought direction to form a committee of experts to investigate alleged fraudulent acts of M/s Max Life Insurance Co. Ltd and M/s Max Financial Services Ltd in allowing their shareholder/Axis Bank Ltd and its group companies “to make undue profits/gains…”
The proposed electronic marketplace for insurance policies will facilitate purchase and sale of insurance policies as also settlement of claims, policy servicing and grievance redressal. Policyholders will not be charged any fees for accessing this digital infrastructure platform.