Get Started with ixamBee
Start learning 50% faster. Sign in now
IRDAI hiked maximum investment limit of insurers in banking, financial services and insurance (BFSI) companies to 30% of their assets from 25%. Investment in housing financing companies and infrastructure financing companies will be a part of this. As per the latest changes to Irdai’s investment Regulations, 2016, the exposure limit for financial and insurance activities will now stand at 30% of investment assets for all insurers. Investment in housing financing companies and infrastructure financing companies will be a part of this. Experts feel that the hike by the regulator will help insurers bring their exposure to financial and insurance activities near broader Indian market indices. The life insurance industry had been seeking an increase in the current 25% sectoral limit on exposure to the BFSI Sector.
What was the reason behind the RBI's imposition of a monetary penalty on Omkar Nagreeya Sahkari Bank Ltd . , Kanpur?
What is the main objective of introducing Goods and Services Tax (GST) by a government?
In Q1 FY25, agriculture exports declined by 3% year-on-year to $5.88 billion. Which of the following factors is NOT mentioned as a reason for this decline?
The _____________ Legislative Assembly becomes first paperless Assembly by implementing National e-Vidhan Application (NeVA) programme.
What penalty has the Reserve Bank of India ( RBI ) imposed on the Thane District Central Co - operative ( TDCC ) Bank?
What is the range of Pralay, India’s first quasi-ballistic missile?
What is the goal of Telangana’s 'Indira Saura Giri Jala Vikasam' scheme?
Sir Garfield Sobers Trophy has been awarded to _____under ICC Awards 2022.
To which of these countries India has gifted a Dornier Maritime Reconnaissance aircraft on the auspicious day of 15th August to strengthen the maritime ...
Which legendary boxer, known for defeating Joe Frazier and later losing to Muhammad Ali, passed away recently?
