A senior life insurance official point out there have also been cases involving former insurance agents.
Deal with current owner Exide may be signed next week
A government panel on Tuesday proposed raising foreign investment limits in sectors like defence, multi-brand retail and telecommunications, to spur investment in the country and tide over the Current Account Deficit woes.
Moving from pricing control to a free market means stiff competition.
Better stick to equity diversified funds, says Larisssa Fernand
2015 is set for a lot of changes - and some that we would like to happen
Customs and excise duty rates have been amended mainly to promote Make in India.
Lenders are not enthused because, as brokers, their responsibility towards policyholders will be higher than corporate agents.
Control over PSU banks is what is allowing the government to drive this scheme.
Insurance company will bear the cost of digitising. It will in turn benefit from lower expenses on servicing policies.
The sector faces many challenges and calls for prompt corrective action.
If you are not already lost in the zeros this wealth stands at Rs 257 lakh crore or Rs 257 trillion, according to a report unveiled by Karvy Private Wealth for the year 2014.
A theory that is doing the rounds is that with election nearing, this depreciation of the rupee will allow politicians of all hues to bring back their ill-gotten wealth.
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