Regulatory framework of insurance
Insurance, being a critical financial service, requires robust regulation to protect policyholders, ensure fair market practices, and mainta...
Insurance Regulatory and Development Authority of India (IRDAI)
Hello, future NET scholars! Today, we’ll dive into one of the most critical institutions shaping India’s insurance landscape: the Insurance ...
Reinsurance: The Backbone of Risk Management in Insurance
What is Reinsurance? Reinsurance is a mechanism where an insurance company (called the ceding company ) transfers a portion of its r...
Risk Classification and Managementt: A Deep Dive into the Heart of Insurance
What Is Risk? Risk refers to the uncertainty of outcomes—both positive and negative. In the insurance context, risk represents poten...
Understanding Insurance: The Backbone of Financial Security
Hello, future experts! Today, we’re diving into the world of insurance , a pivotal tool for managing financial risks. This comprehensive gui...
Digital Payment Systems: The Backbone of a Cashless Economy
Welcome, dear students! Today, we’re diving into Digital Payment Systems , a cornerstone of modern financial ecosystems. For UGC NET aspiran...
Mobile Banking: Redefining Convenience in Financial Services
Hello, dear students! Let’s dive into Mobile Banking , a revolutionary aspect of digital banking that has made managing money as easy as tap...
Reserve Bank of India: A Historical Journey
The RBI, India’s central bank, wasn’t always there. Let’s trace its origins: 1. Pre-Independence Period: The need for a central ba...
Why Do Banking Mergers Happen?
Mergers in the banking sector are driven by the need to: Enhance operational efficiency by consolidating resources. Strengthen f...
What is the Financial System?
In simple terms, a financial system acts as a bridge between savers (those who have excess funds) and borrowers (those who need fun...
Internet Banking: Revolutionizing Financial Services
What Is Internet Banking? Internet banking, often referred to as online banking , is a system that allows customers to access banki...
Digitisation of Banking and Financial Services: A Game-Changer in the Indian Economy
Hello, dear Learners! Today, we’re diving into a topic that has revolutionized the way we think about money and banking— Digitisation of Ba...
Financial Sector Reforms in India: A Path Toward Financial Inclusion
What Are Financial Sector Reforms? Financial sector reforms are systematic measures implemented to strengthen, modernize, and stabil...