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With effect from 1 April 2024, IRDAI has removed the age limit for purchasing health insurance policies.Earlier, 65 years was the age limit for buying new health insurance policies [6] IRDAI is a 10-member body including the chairman, five full-time and four part-time members appointed by the government of India.
IRDAI – Insurance Regulatory and Development Authority of India. 1.4 4. PFRDA – Pension Fund Regulatory & Development Authority ... January 2019) (Learn how and ...
On April 27, 2020, The IFSCA was established as a statutory body under the International Financial Services Centres Authority Act, 2019. [8] On April 27, 2020, inauguration of the IFSCA by the Finance Minister of India, Nirmala Sitharaman. [7] On May 27, 2020, the IFSCA released its first set of regulations, namely the IFSCA Regulations, 2020.
The IBAI is the sole representative body of licenesed insurance brokers recognised by the Insurance Regulatory and Development Authority of India (IRDAI). [3] As per the Insurance Brokers' Regulations 2002 issued by IRDAI and as amended from time to time (last amended in 2018) it is mandatory for all licensed Brokers to be member of IBAI.
Financial regulation in India is governed by a number of regulatory bodies. [1] Financial regulation is a form of regulation or supervision, which subjects financial institutions to certain requirements, restrictions and guidelines, aiming to maintain the stability and integrity of the financial system.
An 80-year-old woman died one month after her Sleep Number bed suddenly moved without warning and trapped her against a wall for two days last year, a new lawsuit alleges.
OTCEI was set up to access high-technology enterprising promoters in raising finance for new product development in a cost-effective manner and to provide a transparent and efficient trading system to investors.
Motilal Oswal provides products and services related to equity trading, commodity trading and investment advisory services, IPOs and SIPs investment, portfolio management services, and mutual funds investment. [17] Motilal Oswal's client base was around 7.3 million at the end of June 2024. [18]