Irdai Allows OTP

The Reserve Bank of India has eased rules on auto-debits, ensuring subscriptions, SIPs, and insurance payments continue even when your card is reissued. Here’s what has changed, and why it matters.

Dwells on huge potential of insurance in the country; emphasises need for Insurance Ombudsman to be fair and equitable

Irdai has also permitted e-KYC facility offered by UIDAI which provides the unique Aadhaar numbers