RBI issues 244 consolidated Master Directions, repeals many to reduce compliance burden
The Hindu
RBI consolidates 244 Master Directions to streamline regulations, repealing 9,446 circulars to ease compliance for regulated entities.
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Insurance penetration and density are often misunderstood and do not reveal how many families are insured or whether they would be financially secure if the main earning member were to die. The real issue is not reach but adequacy, as households may have life insurance but not enough cover to replace lost income, leaving them financially vulnerable.












