Insurance Regulatory and Development Authority of India (IRDAI) has chosen the following insurers as Domestic Systemically Important Insurers (D-SIIs) for 2021-22:
The D-SIBs banks are classified into 5 buckets. Bucket 1, Bucket 2, Bucket 3, Bucket 4 and Bucket 5. With Bucket 5 being the most important followed by rest in decreasing order.
Organization of the Petroleum Exporting Countries (OPEC) has appointed Kuwaiti oil executive Haitham Al Ghais as its new secretary-general, as oil demand continues to improve amid a mild recovery from the coronavirus pandemic.
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