Search Your Jobs

Loading...

IBPS RRB Office Assistant Multipurpose Admit Card 2013

IBPS RRB Office Assistant Multipurpose Admit Card 2013-(Regional Rural Bank)
Click here for Admit Card


Banks can only sell standard insurance products through branch

IRDA (INSURANCE REGULATORY DEVELOPMENT AUTHORITY)Said—

Banks will be allowed to sell only standard or vanilla insurance products through their branches following the relaxation of brokerage norms.

It will also address various concerns of the Reserve Bank, including those pertaining to conflict of interest. RBI does not want banks to undertake new risk in the form of insurance broker.

A broking licence will allow a bank to sell products of multiple insurance firms, compared with the current bancassurance model that allows lenders to sell products of just one life and non-life insurance company.

Banks have wide network of delivery channel, over 1 lakh branches, which can be leveraged to increase insurance penetration in the country.

The licence, once issued, will be valid for three years from the date of issue, it said, adding that the renewal of licence can be applied 30 days before expiry of licence.

No comments:

Labels

10/12 Jobs ADMISSION ADMIT CARD Aiims All India Jobs Answer Keys Application Form Army Awards /Honours B.A / B.Com / Bsc B.TECH Bank Important Quest Bank Interview Questions Bank Marketing Questions Bank Structures Bengalore Metro Rail Bilaspur Railway BSF BSNL JOBS BTC/ B.ED CA Jobs Chennai Metro Rail CISF Collegue/Universities Coming Soon Jobs Constable Counseling Cricket CRPF Cut Off List Date Sheet Defence Sports Quota Delhi Railway DIPLOMA East Central Railway Education Times Eligibity Engineering Jobs English Speaking ENTRANCE EXAM Ex Service Man Exam Pattern Films Finance And Economy Fresher Jobs General knowledge GK/CURRENT AFFAIRS/GA Gulf Career High Court Jobs IBPS Jobs IBPS RRB Cut off ICICI Bank IIMs IITs Jobs Income Tax Jobs India Census 2011 Indian Air Force Indian Coast Guard Indian Navy Insurance Jobs Interview ITBP ITI/Poleytechnic Joining Dates kolkata Metro Rail LAW Jobs LDC/CLERK MASTER DEGREE MBA Jobs MBBS MCA Jobs MEDICAL Jobs Moto bykes New Courses News North Central Railway Personalities Phd Jobs Police/Defence POST GRADUATES Post Office Primary Teacher Private Jobs Professor Public Service Commission Quiz Rail Coach Factory Railway IRCON Railway Jobs RBI Research Jobs RESULTS Rural Bank Scholarships Scientist Jobs Smart Phones/Gadgets South Central Railway South Western Railway Sports Kota SSB SSC Jobs State Bank of India Stenographer Jobs Syllabus Teacher Jobs TET Top Beauty Tips Top Salary Courses Total Jobs Understand Banking VDO/GRAM VIKAS ADHIKARI Western Railway Women Jobs YOU MUST READ