Free notes, textbooks, and exam-focused resources designed for Indian banking professionals.
IRDAI in the year 2011 introduced the Insurance Repository (IR) system to provide policyholders a facility to keep insurance policies in electronic form and to undertake changes, modifications, and revisions…
The insurance industry of India has 57 insurance companies -24 are in the life insurance business, while 34 are non-life insurers. Among the life insurers, LIC is the sole public…
Insurance is a legal agreement between an insurer (insurance company) and an insured (individual/legal entity), in which an insured receives financial protection from an insurer for the losses he may…
Insurance penetration and density are two metrics, that so often used to assess the level of development of the insurance sector in a country. These metrics are normally expressed in…
Reserve Bank of India (RBI) on Thursday issued an order restraining payments by companies through intermediaries to non-card-accepting recipients for violation of section 4 of the Payment and Settlement Systems…
Privatisation and foreign direct investment (FDI) have been seen by policymakers, in India and abroad as key components of India’s reform program. Indian Parliament on 22 March 2021 passed the…
Insurance denotes protection from financial loss in which, one party (an insurance company) in exchange for the amount of premiums it collects agrees to compensate another party in the event…
Financial Market is a type of Market in which bonds and securities are traded. Price discovery is a process that determines market prices, mostly through interactions between buyers and sellers.…
This article elucidates – Pension System and its Aspects – Pension Products – Different Types of Pension Schemes, – Employees Provident Funds Scheme – Public Provident Fund (PPF) Scheme **–…
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