Daily Current Affairs 2025, Date wise Current Affairs | Current Affairs in English and Hindi

Get the Daily and Latest Current Affairs 2025 on our website. These current affairs are Updated by our specialists and are relevant for all competitive tests UPSC, SSC, IAS, Railway-RRB, UPPSC, and Other State Government and Central Jobs/Exams.


IRDAI launches Bima-ASBA via UPI to make insurance premium payment easier when you buy a policy

Category : Business and economics
Published on: February 22 2025 Share on facebook

  • The Insurance Regulatory and Development Authority of India (IRDAI) has launched a payment system to facilitate premium payments for life and health insurance policies, which is a new payment mechanism through UPI, allowing policyholders to block funds in their bank accounts for premium payments, thereby simplifying transactions.
  • Effective from March 1, 2025, Bima-ASBA ensures that the transfer of funds to insurers occurs only after the issuance of an insurance policy, enhancing payment security and convenience.
Recent Post's
  • PM Narendra Modi to inaugurate the first SOUL Leadership Conclave at Bharat Mandapam, New Delhi, on 21st February.

    Read More....
  • Bharat Petroleum Corporation collaborates with National Sugar Institute, Kanpur, for research and development.

    Read More....
  • Dr. Bhagyashree Prasad Patil received the Vishalakshi Award 2025 from President Droupadi Murmu.

    Read More....
  • Microsoft unveils Majorana 1, the world’s first quantum processor with topological qubits.

    Read More....
  • MoD signs ₹1,220 crore contract with BEL for Software Defined Radios.

    Read More....
  • IRDAI launches Bima-ASBA via UPI to simplify insurance premium payments.

    Read More....
  • Nagaland Forest Management Project wins SKOCH Award for forest conservation and livelihood improvement.

    Read More....
  • In-Space to fund early space technologies for commercial product development.

    Read More....
  • Kash Patel becomes the first Indian-American FBI director, confirmed by the U.S. Senate with a 51-49 vote.

    Read More....
  • The government extends Chief Economic Advisor V Anantha Nageswaran's tenure until March 2027.

    Read More....