Page 32 - M Saraswathy

Insurance data not likely to be transferred to cloud servers

While industry officials want cloud servers, Irda may not allow due to fears of data breach/leak

Now, you can open bank account with permanent address as proof

For local address, declaration by customer is good enough, says RBI

Aditya Puri is India's highest-paid bank CEO

Puri, who is also the longest serving chief of an Indian bank, received remuneration of Rs 6.07 cr in 2013-14

Insurance agent mentoring plan gathers dust

Most insurers have a basic training course for new agents in the system to acclimatise them with the industry practices and its standard style of functioning

Uncertainty looms over pvt NPS fund managers' future

In the earlier bidding process that took place last week, sources said Reliance MF had emerged the lowest bidder at one paisa for every Rs 100 of NPS funds, and others were required to match it

J&K Bank plans to sell entire 5% stake in PNB MetLife for Rs 700 cr

MetLife International and PNB are majority shareholders in the company, with 26% and 30% stake, respectively

As equity markets rally, Ulip surrenders rise

Also, renewals of such products have dropped significantly in the past few months

Liberal arts education expands presence in India

Ulip surrenders rise as equity markets rally

Insurers say customers are rushing in to book immediate profits

Companies poised to hire, say experts

HR experts believe several stalled projects will take off; infra, financial services to lead hiring

Expect signals on insurance Bill in the next few months: Amitabh Chaudhry

Interview with MD & CEO, HDFC Life

Uncertainty looms over private NPS fund managers future

It's almost six months since first RFP was issued for selection of players and final names are yet to be decided

Bancassurance issue: Life insurers move towards non-bank distributors

Insurers said that they are moving away from bancassurance due to it reaching a saturation point

HDFC Life set for global foray

May become first private insurer to expand overseas

Tree House Education net rises 9.5%

Tree House Education net rises 9.5%

Bajaj Allianz Life Insurance gets AAA rating from CARE

Rating agency also said most of life insurance companies generally take longer period (typically 9 to 10 years) to breakeven

Fresher hiring takes a beating

Apart from hiring less number of people, some companies have kept salaries constant

HDFC Life prepares for international foray

May become first private insurer to expand overseas

OTC on the anvil in non-life sector

While use-and-file would mean quick approvals, insurers fear that there would be no scope for introducing their distinct products

Hindustan Aeronautic signs MoU with IIT Bombay

Will establish Faculty Chair at the institute