While some insurers are still in the process of giving the products a defined structure, others shared details about what the products are and when they are expected to be available.
4 min read8 Jun 2020Irdai has already invited applications for the sandbox from 15 September to 14 October 2019The sandbox approach can be used to carve out a safe, conducive environment to experiment with innovative approaches, and where the consequences of failure, if any, can be contained
1 min read27 Aug 2019RBI panel says an appropriate framework may be introduced for regulatory sandbox/innovation hub within a well-defined space and duration where financial sector regulators will provide the requisite regulatory support
2 min read9 Feb 2018Given the rapid pace of innovation, regulators need to adopt such a 'test and learn' approach to stay ahead of the curve
4 min read12 Jul 2017Regulation must be precise applying only where governance is necessary. Regulatory sandboxes offer us a means to achieve that
4 min read25 Jan 2017The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared