Ajay Seth IRDAI chairman appointment explained for exams: tenure, powers, insurance penetration, Bima Trinity, policy reforms, and top FAQs with MCQs for UPSC, Banking, and State PSC. Ajay Seth Appointed Chairperson of IRDAI Appointment of Ajay Seth as IRDAI Chairman The Government of India has appointed Ajay Seth, a 1987‑batch IAS officer of the Karnataka…
RBI Tightens Guidelines for ARCs in Borrower Settlements Introduction to the New Guidelines by RBI The Reserve Bank of India (RBI) has recently implemented stricter guidelines for Asset Reconstruction Companies (ARCs) in handling borrower settlements. These changes are aimed at improving the transparency and accountability of ARCs while ensuring that borrower interests are protected. The…
Punjab & Sind Bank Launches e-Bank Guarantee Facility with NESL Introduction to e-Bank Guarantee Facility In a major development, Punjab & Sind Bank has launched an electronic bank guarantee (e-BG) facility in collaboration with the National E-Governance Services Ltd (NESL). This initiative aims to digitize the traditional bank guarantee process and enhance the ease of…
