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New India Assurance keen to insure state against calamities

March 2, 2013 Bimabazaar- Adminstrator 938 Views 0 Comments Canada, Myanmar, National Disaster Management Authority, NEW INDIA ASSURANCE, Qatar

New India Assurance, which has its presence in 22 countries plans to open three more branches in Myanmar, Qatar and Canada.Â India’s largest general insurance company, New India Assurance has proposed the state government to subscribe to an insurance coverage plan on natural calamities. Read more

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RBI extends Basel III implementation time

December 31, 2012 Bimabazaar- Adminstrator 920 Views 0 Comments Australia, Basel III, Canada, China, D. Subbarao, india, Japan, RBI

The Reserve Bank of India (RBI) has extended the date for implementation of Basel III, the global capital norms for banks, by three months to 1 April.Â â€œThe Reserve Bank of India has rescheduled the start date for implementation of Basel III to 1 April 2013 from 1 January 2013,â€ the central bank said. Read more