Axis Bank to pick up 6% more in Max Life Insurance for Rs. 1,612 crore
Axis Bank is looking to buy 6 per cent more stake in JV Max Life Insurance for Rs. 1,612 crore Read more
PFRDA
More than 50 million citizens subscribe to Atal Pension Yojana: PFRDA
Pension Fund Regulatory & Development Authority (PFRDA) said more than 5 crore people have enrolled under Atal Pension Yojana (APY), the Read more
National Pension System: PFRDA states 5 key announcements
With 38% growth in AUM and 23% in number of subscribers, the awareness around National Pension System is growing under Read more
LIC chosen as default NPS annuity service provider
Pension fund regulator PFRDA has chosen state-run LIC as the default annuity service provider for subscribers exiting from New Pension System (NPS) and seeking withdrawal of accumulated pension wealth. Read more
Financial literacy and consumer education on insurance in India
The IRDA along with other stakeholders of the industry, has a responsibility of improving financial literacy in the country as well as to impart consumer education in insurance. Towards this end, IRDA has been working on and has implemented various initiatives.
Read moreIRDA, SEBI, PFRDA, FMC may be merged into single agency
Supreme financial regulators like- Insurance Regulatory and Development Authority (IRDA), Securities and Exchange Board of India (SEBI), Pension Fund Regulatory and Development Authority (PFRDA) and Forward Markets Commission (FMC) should be merged into a Unified Financial Agency (UFA), suggesting legislative reforms in the financial sectors a government-appointed panel said recently. Read more