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One-fourth
of India’s insurable population has life cover: LIC |
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The latest statistics released
by the public sector monolith Life Insurance Corporation indicate
that over 25 per cent of the insurable population in the country
has some sort of life and/or pension cover. |
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Bengal
asks PSBs to hike CD ratio by March 31 |
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The West Bengal government
is giving public sector commercial banks time up to March 31
to improve their current credit-deposit ratio from 41 per cent
to the national average of 56 per cent, according to finance
minister Asim Dasgupta. |
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TataFin
board okays offloading in TFA |
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The board of directors of Tata
Finance Ltd at its meeting held on Wednesday, approved the sale
of its entire shareholding in Tata Finance Amex Ltd. |
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Euro
launch wins praise as Europe returns to work |
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The overwhelmingly glitch-free
launch of euro notes and coins won widespread plaudits on Wednesday
as millions of Europeans returned to work after the New Year
holiday in the first major test of the new currency. |
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