Starting Saturday, you may have to pay up for using automated teller machines (ATMs) at your home bank ATMs as well. According to guidelines by RBI, banks are free to charge their customers after the first five free transactions.
Tata AIA Life Insurance Company Ltd (Tata AIA Life), the joint venture life insurance company formed by Tata Sons and AIA Group, today announced the appointment of Naveen Tahilyani as its and Chief Executive Officer (CEO) and Managing Director (MD).
Sectoral regulator Irda is expected to suggest to a high-level panel that the new Insurance Bill remove the existing 40 per cent cap on agency commission and leave agent licensing process to insurers themselves.
Aditya Birla Financial Services Group (ABFSG) has signed a memorandum of understanding (MoU) with MMI Holdings Limited, one of the largest insurance-based financial services groups listed on the South Africa Stock Exchange, to enter India's health
Health insurers offering services only in specific regions of the country could soon be a reality. The Insurance Laws (Amendment) Bill, if passed, will reduce minimum capital for a health insurer at Rs 50 crore compared with Rs 100 crore at present.
Retirement fund body EPFO is all set to launch this month an online facility for transfer of PF accounts for the organised sector workers covered under private PF trusts, that manage their employees' retirement fund themselves.
"Prime Minister will preside over a function on October 16 to launch various facilities for workers including Universal Account Number (UAN) for EPFO subscribers and a web portal for centralised inspection of firms," a senior Labour Ministry