Iba
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Banks, SFBs Urge IRDAI for Transition Time on Insurance Commission Rules
Indian banks and Small Finance Banks (SFBs), represented by the IBA and ASFBI, have approached the IRDAI regarding new insurance commission regulations. They are seeking additional time for a smooth transition to these revised norms, highlighting potential operational adjustments needed across the sector.
BreakingBank Strike Deferred: SBI, HDFC Bank Services Normal Sept 28-30; 5-Day Week Eyed
The nationwide bank strike scheduled for September 28-30 has been deferred after an agreement between bank unions and management. This means banking services at public and private banks like SBI and HDFC Bank will operate normally during these dates. Discussions will now focus on the demand for a five-day banking week.
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