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Indian Navy Collaborates with Bajaj Allianz Life Insurance to Provide Insurance for Naval Civilians
In a significant move to enhance welfare measures for its civilian personnel, the Indian Navy has signed a Memorandum of Understanding (MoU) with Bajaj Allianz Life Insurance. This partnership aims to offer life insurance options, including term insurance, tailored specifically for Naval Civilians, thereby providing essential financial security for their families. The year 2024 has […]
RBI Names Partha Pratim Sengupta as MD and CEO of Bandhan Bank
The Reserve Bank of India (RBI) has approved the appointment of Partha Pratim Sengupta as the Managing Director and Chief Executive Officer of Bandhan Bank for a three-year term. Sengupta will assume the role by November 10, 2024, marking a significant leadership change at the bank. Bandhan Bank confirmed that Sengupta accepted the position on […]
IREDA Reports Strong Financial Results with a 36% Surge in Net Profit for this Quarter
Indian Renewable Energy Development Agency (IREDA) announced its financial performance for the quarter ending on September 30, 2024, recording a net profit of ₹387.74 crore. This marks a notable 36% increase from the ₹284.73 crore reported in the same period last year. The net profit for this quarter also showed a slight improvement from the […]
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IRDAI nods Medi Assist TPA to acquire 100% stake in Paramount TPA for 312...
Medi Assist Insurance TPA, a wholly owned subsidiary of Medi Assist Healthcare Services is all set to acquire 100% stake in Paramount Health Services...
RBI
RBI Selects Five Entities for Theme-Neutral Regulatory Sandbox Test Phase
The Reserve Bank of India (RBI) has selected five entities for the test phase of the regulatory sandbox's fifth cohort, which is theme-neutral. This...
RBI unveils UPI Lite with e-Mandate Framework for Automatic Balance Replenishment
The Reserve Bank of India (RBI) has introduced the integration of UPI Lite with the e-mandate framework, facilitating automatic replenishment of UPI Lite balances....
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