Well-paying consulting and technology companies are now on the top of the preference list for fresh graduates of Indian Institutes of Management and other business schools.
The April–November period this year recorded 200 times more frauds compared to entire FY18.
A huge number of Paytm user have already approached the company’s cyber cell and RBI's ombudsman.
As per experts, the system would work with AAs onboarding customers on to their service platforms somewhat similar to how payment companies acquire customers through mobile applications.
Higher premiums will likely apply to Delhi residents seeking fresh policies. Insurance industry professionals said there has been an increase in claims from Delhi residents and costs of settlements have also risen. Capital residents who are deemed high risk given air pollution levels will likely pay the highest premiums.
This first round of experimentation, which is likely to commence in the first half of 2020, would entail the regulators along with the shortlisted companies working towards creating ' frictionless' solutions in the field of feature phone, contactless and online based payment services.
Depositors could be tagged as defaulters if they fail to make repayments on loans.
The central bank in the notification has told banks to lend to these funds ‘without prejudice to generality’.
LIC registered a business growth of 18 percent in September against last year, and a very robust 42 percent in the first half of the financial year between April and September, the latest data released by insurance regulators IRDAI showed.
The payments are automatically debited with a lag of 10 minutes from the bank account linked with the FASTag.
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