Private life insurers clock a growth of 16 per cent to Rs 24,631 crore during April-December.
15 Jan 2020 1:20 AM
Both Consumer Price Index (CPI) inflation and Wholesale Price Index (WPI) inflation rose on the back of higher food prices.
15 Jan 2020 1:13 AM
All stakeholders have been asked to submit their comments/suggestions on the proposed guidelines by January 25.
13 Jan 2020 2:15 AM
Private insurers appointed 3.82 lakh agents and terminated 3 lakh in FY19.
08 Jan 2020 1:28 AM
The gross non-performing assets (GNPA) ratio may increase to 9.9 per cent by September 2020 from 9.3 per cent.
28 Dec 2019 2:29 AM
Green shoots seen, capex cycle may be turning up.
20 Dec 2019 1:31 AM
For LIC, the proportion of repudiations has come down to 0.43 per cent in 2018-19 compared to 0.67 per cent in the previous year.
18 Dec 2019 2:35 AM
Bank of Baroda's one-year MCLR will be 8.25 per cent, 5 basis points (bps) below the exsisting level, effective December 12.
11 Dec 2019 1:41 AM
The bank had provided Rs 1.06 lakh crore for the bad loans but the provisions for the NPAs as assessed by the RBI was Rs 1.18 lakh crore.
11 Dec 2019 1:31 AM
Consequently, the retail securitisation volume doubled last fiscal, and has soared 39 per cent in the first half.
11 Dec 2019 1:28 AM
If DHFL goes under liquidation, it will be sold and someone else will take over. Insurance companies are also part of the inter-creditor agreement.
07 Dec 2019 1:36 AM
An entity holding over 10 per cent in an insurance company is categorised as a promoter while one holding below that limit is termed as an investor.
07 Dec 2019 1:32 AM
The policy repo rate since February was cut in every policy, cumulatively easing by 1.35 per cent or by 135 basis points to 5.15 per cent.
06 Dec 2019 3:22 AM
UBI has to cut stake in one of the 2 JVs—Star Union Daiichi and IndiaFirst.
03 Dec 2019 1:41 AM
DHFL was scheduled to announce its financial results on November 25.
30 Nov 2019 1:42 AM
Puri will act as an advisor to the search committee, the private lender said in a statement.
29 Nov 2019 2:41 AM
The Bank is going for the IPO mainly to meet the Reserve Bank of India’s requirement of listing the bank.
22 Nov 2019 2:25 AM
The central bank also said it would shortly initiate the process of resolution of the company under the insolvency and bankruptcy rules.
21 Nov 2019 1:21 AM
At present DICGC insures each bank depositor upto Rs 1 lakh for both principal and interest.
20 Nov 2019 3:47 AM
The GNPA of private banks grew from Rs 185,027 crore during Q2FY19 to Rs 191,191 crore in Q2FY20 i.e. by 3.3 per cent.
20 Nov 2019 3:36 AM