Sunday, August 30, 2020

EXCLUSIVE: IRDAI to permit video-based KYC system for insurance companies

EXCLUSIVE: IRDAI to permit video-based KYC system for insurance companies Industry insiders believe a fully digitised insurance selling process will increase direct sales of insurance products. Both life and general insurance companies can implement system. Average cost of KYC process to come down significantly.

from Moneycontrol Business News https://ift.tt/34LEBUb

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Global Market Today: Asian stocks hit record highs, oil heads for weekly loss

Asian stocks reached a record high, fueled by optimism that the reopening of the Strait of Hormuz will normalize oil flows and ease inflatio...