This eliminates the need for upfront premium payments and ensures greater financial security and transparency, says a release ...

Bima-ASBA allows policyholders to opt for the Unified Payments Interface (UPI) One-Time Mandate (OTM) and authorise the blocking of a specified amount-up to Rs 2 lakh-in their bank account via UPI ...

Bajaj Allianz Life Insurance introduces Bima-ASBA for policyholders, offering convenience, transparency, and flexibility in ...

The Insurance Regulatory and Development Authority of India (IRDAI) has introduced a new payment system, Insurance-ASBA ...

On 18 November, India's pollution control authority reported that Delhi's 24-hour Air Quality Index (AQI) reached a ...

Irdai's decision to implement ASBA facility for insurance premium payment will benefit customers by eliminating unauthorised ...

Irdai's Bima-ASBA facility for insurance premiums aims to eliminate unauthorized deductions, ensure timely refunds, and enhance transparency for policyholders.

ASBA, a facility eliminating unauthorised deductions and enhancing transparency in premium payments. Policyholders can now block funds in their bank accounts, which are debited only upon policy ...

The insurance companies in India are weighing a proposal to increase health insurance premiums for New Delhi residents by 10 ...

Despite belonging to the same industry, catering to largely the same customer base, and being governed by more or less the ...

In a statement, the insurer confirmed that a "threat actor" sent an email alleging possession of sensitive customer data.

The plan, now in discussion amongst insurers and which would need approval from the insurance regulator, follows ...