Sunday, Feb 23, 2020 | Last Update : 10:46 AM IST

FALAKNAAZ SYED

India will need over 1,000 actuaries: Irdai

Khuntia also said Irdai has not yet received any official proposal from LIC to list on the bourses.

19 Feb 2020 6:56 AM

IBC cases: Haircut rises to 88 per cent in Q3

While the amount yielded on resolution as a percentage of liquidation value is high at 200 per cent, it has been declining.

17 Feb 2020 5:31 AM

RBI steps to boost credit growth risky: Fitch

The CRR is the percent of its cash deposits a commercial bank must maintain with the RBI.

11 Feb 2020 4:20 AM

SBI cuts rates, says more next time

SBI announced a reduction in its MCLR by 5 basis points across all tenors while BOI cut MCLR by 10 basis points for maturities up to six months.

08 Feb 2020 3:14 AM

Budget proposals to impact growth of life insurers

The net impact of the change will range from 50 basis to 200 basis points on the margins and upto 5 per cent on the valuations.

07 Feb 2020 2:09 AM

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Policy measures to drive credit growth

The special dispensation will be for all bank credit to these sectors for a period of six months — between January 31 and July 31.

07 Feb 2020 1:58 AM

RBI keeps rates intact, clears way for cheaper loans

The central bank also announced a one-time permission to extend restructuring of MSME loans.

07 Feb 2020 1:20 AM

Credit guarantee on debt for NBFCs, HFCs

The move, according to experts, would help NBFCs in the recovery process of an even smaller loans.

02 Feb 2020 3:05 AM

Budget 2020: Bank deposits insured till Rs 5 lakh

All deposits of a depositor maintained across all branches of the failed bank are insured upto Rs 1 lakh only on the aggregate amount.

02 Feb 2020 3:01 AM

Budget 2020: LIC to get listed on stock exchange

After two capital infusions, the government owns a substantial part of IDBI Bank (46.5 per cent stake) which will be completely sold off.

02 Feb 2020 2:49 AM

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Kotak Bank and RBI smoke peace pipe

As on date, the shareholding of promoter Uday Kotak, who is also the MD & CEO of Kotak Bank, and the promoter group, istands at 29.96 per cent.

31 Jan 2020 1:34 AM

PSB merger: Insurers told to service all policies

A bank can continue to buy group insurance covers with any number of insurance companies for the insurance needs of its customers.

29 Jan 2020 1:40 AM

Crop cover premia near Rs 6,200 crore in April to December

The four PSU insurers— New India Assurance, Oriental Insurance, National Insurance, United India— clocked 74 per cent growth in crop insurance.

28 Jan 2020 1:37 AM

Slowdown to hurt insurance sector

By the Irdai’s December 2019 data, the non-life insurance sector witnessed a significant slowdown.

22 Jan 2020 6:51 AM

Kotak’s asset quality slides

BoM reports net profit of Rs 132 crore against loss of Rs 3,766 crore Federal Bank Q3 net rises per cent.

21 Jan 2020 1:09 AM

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Provisioning to stay high for banks in Q3

While DHFL’s total debt is about Rs 80,000 crore, lenders exposure to the account is around Rs 40,000 crore.

20 Jan 2020 1:35 AM

LIC’s new biz rises 18 per cent

Private life insurers clock a growth of 16 per cent to Rs 24,631 crore during April-December.

15 Jan 2020 1:20 AM

High inflation may force RBI to extend rate pause

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

Uniform health cover terms on the cards

All stakeholders have been asked to submit their comments/suggestions on the proposed guidelines by January 25.

13 Jan 2020 2:15 AM

Life agents see mass culling

Private insurers appointed 3.82 lakh agents and terminated 3 lakh in FY19.

08 Jan 2020 1:28 AM

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