Beneficiaries to get hospitalisation cover up to Rs 30,000.
Foreign reinsurance companies are now allowed to do business in India.
The regulator has made it mandatory for insurers to have a minimum percentage of motor third-party business underwritten.
The insurance sector is seeking clarity on the 'Indian management control' clause.
Inflow of more funds is likely to widen the reach of insurance and drive M&A activities in the sector where growth has stalled.
Banks are expected to cut lending rates from April 1.
Bupa and Axa have already declared their intention to raise stakes.
Bharti will move FIPB soon for increasing Axa's stake to 49%
The GST to be implemented from April 1, 2016, will increase the premiums.
Prominent recruiters were Flipkart, Urban Ladder, AskmeBazaar etc
Aditya Puri thinks the government is on track.
The number of cyber crimes in India could touch 3,00,000 in 2015
Meru Cabs' founder says they were a traditional company.
Non-resident individuals (NRIs) have also been allowed to apply for the niche banking licence, provided they plan to return to India.
Some leading private and foreign banks in the country have started checking scores of credit information companies such as Credit Information Bureau Ltd as part of their pre-employment screening process.
A host of lenders, including State Bank of India, IDBI Bank, Indian Bank and Andhra Bank, have lined up meetings of their asset-liability committees this week, to review their lending and deposit rates.
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Private banks account for a total of 21.15 per cent in terms of advances in the overall banking system.
In the policy banks, the government can have 100 per cent stake, McKinsey said.
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2014 made a lot of promises; can the new year deliver?
The banking sector is set to move at a fast pace from hereon.
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