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GO Digit-Life Insurance Receives IRDAI Approval to Start Life Insurance Business in India GO Digit-Life Insurance, a renowned insurance company, has recently received approval from the Insurance Regulatory and Development Authority of India (IRDAI) to commence its life insurance operations in the country. This development marks a significant milestone for the company and has garnered…
RBI’s Annual Report 2022-2023 The Reserve Bank of India (RBI) recently released its Annual Report for the fiscal year 2022-2023. This report provides valuable insights into the state of the Indian economy and the various measures undertaken by the central bank to ensure stability and growth. In this article, we will delve into the key…
Federal Bank Adyar Campaign | Launches ‘I Am Adyar, Adyar Is Me’ Campaign in Chennai Federal Bank Adyar Campaign | The Federal Bank, one of India’s leading private sector banks, has recently launched a unique campaign called ‘I Am Adyar, Adyar Is Me’ in Chennai. This initiative aims to foster a sense of community and…
RBI Forex Trading Alert List | RBI Updates Alert List of Entities Not Authorized to Deal in Forex Trading RBI Forex Trading Alert List | The Reserve Bank of India (RBI) has recently released an updated alert list of entities that are not authorized to engage in forex trading. This move by the central bank…
RBI Governor Launches Financial Inclusion Dashboard “Antardrishti” The Reserve Bank of India (RBI) Governor recently launched a new initiative called the “Antardrishti” Financial Inclusion Dashboard. This dashboard aims to provide comprehensive and real-time data on the progress of financial inclusion in the country. It is an important development in the banking sector and holds significance…
Regulator Directive SBI Life Takes Over Sahara Life Policies Introduction: In a significant development in the insurance sector, the regulatory body has directed SBI Life Insurance Company to acquire the policies of Sahara Life Insurance. This move comes after the regulator found several irregularities and concerns regarding the financial stability and management of Sahara Life…
Cyber Resilience and Digital Payment Security Controls for Payment System Operators (PSOs) In recent years, the increasing reliance on digital payment systems has brought forth new challenges in terms of cybersecurity and data protection. To address these concerns, the Reserve Bank of India (RBI) has introduced draft master directions on cyber resilience and digital payment…
RBI Launches “100 Days, 100 Pays” Campaign to Settle Unclaimed Deposits The Reserve Bank of India (RBI) has recently launched a new initiative called “100 Days, 100 Pays” to address the issue of unclaimed deposits in banks. With this campaign, the RBI aims to ensure that rightful depositors receive their money and promote financial inclusivity….
Government Plans to Sell Up to 3% Stake in Coal India: What You Need to Know The Indian government has recently announced its plans to sell up to a 3% stake in Coal India Limited, one of the country’s largest coal mining companies. This decision has generated significant interest, particularly among students preparing for government…
Rise in Fake Rs 500 Notes Detected in India – RBI Annual Report Reveals In the recently released annual report by the Reserve Bank of India (RBI), a concerning trend has come to light. The report highlights a significant rise in the detection of counterfeit Rs 500 notes circulating in India. This news has caught…
