Search For "financial safeguard"
How Does Your Age Impact the Health Insurance You Need?
Updated : 6 months, 3 weeks ago IST
New Delhi [India], August 22: Health insurance has become a necessity. With rapid increases in the costs of medical care and the unpredictability of day-to-day life, having the right health insurance will not only be a financial safeguard but also a mental safeguard. However, selecting a hea
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Protecting cargo and ships: Why marine insurance matters
Updated : 9 months ago IST
New Delhi [India], June 13: The shipping industry is the backbone of global trade, ensuring that goods move efficiently across borders. Every year, trillions of dollars' worth of cargo travel via sea routes. However, this industry comes with significant risks--natural disasters, piracy, carg
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SBI Life Insurance expands product line with two new Child Insurance Plans
Updated : 1 year ago IST
Mumbai (Maharashtra) [India], March 7: SBI Life Insurance, one of India's most trusted private life insurers, launched two new child products, 'SBI Life - Smart Future Star' and 'SBI Life - Smart Platina Young Achiever', specifically curated to empower parents in securing child's future a
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Banks to use AI & Machine learning to safeguard customers from financi
Updated : 1 year, 3 months ago IST
In a significant move to address the growing menace of digital financial frauds, the Department of Financial Services (DFS) has directed banks to adopt advanced technologies, including Artificial Intelligence (AI) and Machine Learning (ML), to safeguard customers from fraudsters.
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Impact of Red Flag Accounts (RFAs) on Indian Business and Financial Safegu
Updated : 2 years ago IST
Vejapur/Ahmedabad, (Gujarat) [India], March 8: An RFA, or Red Flag Account, acts as an early warning system for accounts that need special attention. These signals are crucial as they alert banks or lenders to potential weaknesses or fraudulent activities, helping to save public money and pr
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TRAI recommends rationalization of entry fees, bank guarantees
Updated : 2 years, 5 months ago IST
Entry fees are one-time payments that new entrants must make to access the market, while bank guarantees act as financial safeguards to ensure licensees meet their obligations as per the license agreement.
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