Search Results for: insurance

Recently, the Government of India announced several incentives to promote digital payments. These included 10% incentive on LIC payments. (Refer article here). The incentives announced were for the following transactions. 1.Discount of 0.75% on petrol and diesel sold through Government … Continue reading →

[This is in continuation of the previous article 0n the subject] The article which appeared in Economic Times today credited to Ms Namita Wahi tries to put in a legal argument that the recent demonetization of the notes announced on November … Continue reading →

This article is a response to the article today in Economic Times by one Ms Namita Wahi, of the Center of Policy Research. The article appears to be an attempt to influence the Supreme Court which is hearing the PIL … Continue reading →

RBI has clarified that any unreturned notes of denominations of Rs 500 and Rs 1000 will remain as unclaimed/claimable liability on their balance sheets but will not be transferred to Government in the form of dividend. It will therefore remain … Continue reading →

Just today, I had sent a letter to the RBI Governor Mr Urjit Patel to immediately issue the “Limited Liability Circular” of August 11th in an operational form. (Refer this article) The circular was first issued in draft form for … Continue reading →

Over the last few days, there have been lot of discussions in all levels about what caused the mega data breach that compromised a suspected 32 lakh debit card data belonging 10 around 19 Banks. As we expected and desired, … Continue reading →