The labour ministry has amended the social security schemes run by EPFO so it can make digital payments Source: Livemint.com (http://www.livemint.com/rss/industry)

Modi government’s amendment to Banking Regulation Act will give RBI governor Urjit Patel the power to finish the war on stressed assets Source: Livemint.com (http://www.livemint.com/rss/industry)

Irda’s discussions to allow portability of life insurance policy are in early stages and is likely to happen after the industry moves to a completely digital form Source: Livemint.com (http://www.livemint.com/rss/industry)

EESL MD Saurabh Kumar says the firm has decided to invest £100 million over the next three year in UK and he estimates an annual revenue of £20-25 million after…

Reliance Jio had complained to Trai that customised retention offers by rival telcos are unfair and deceptive, and claimed that the offers are not available to general public Source: Livemint.com…

The Reserve Bank of India has advised public sector banks to put in place a fair and transparent mechanism for appointment of statutory branch auditors Source: Livemint.com (http://www.livemint.com/rss/industry)

The recommendations in a draft report by Niti Aayog, are aimed at electrifying all vehicles in the country by 2032 and will likely shape a new mobility policy Source: Livemint.com…

The new Irdai regulations ban insurers from outsourcing investments and related functions to third parties, apart from not allowing fund management, including NAV calculations Source: Livemint.com (http://www.livemint.com/rss/industry)

The investors suing PayPal say the company served as the payment processor for about $134 million in investments in Traffic Monsoon, they’re seeking at least $5 million in damages Source:…

SBI chief Arundhati Bhattacharya says most of the bad loans belong to industries that are still in business and banks will probably recover the write-downs when growth turns up and…