Centre is planning to come out with a universal health scheme and an exclusive all-in-one insurance product for farmers as…
Besides Bahrain, LIC has overseas operations in 13 countries, including Fiji, Mauritius, the UK, Singapore, Nepal, Sri Lanka, Kenya and…
Public sector insurance companies, including New India Assurance, have suggested retention of the five per cent compulsory reinsurance business with…
The two ongoing global crises Greece debt woes and the China’s market meltdown have not led to a sell-off by…
The two ongoing global crises — Greece debt woes and the China’s market meltdown — have not led to a…
LIC chairman SK Roy said the corporation is set to regain the market share in premium income.
Banks’ exposures to stressed domestic steel companies are at 10-30% of net worth.
With bad loans rising and big corporates, including the Reliance Group, GMR, Essar and Adani, rushing for debt bailouts, banks…
The Reserve Bank of India has estimated that the gross NPAs of banks rose to Rs 3,03,380 crore as on…
While Essar Steel has approached banks for a recast of loans worth close to Rs 12,000 crore, Essar Port has…
From Vindhyavasini group to Winsome, Forever Precious Jewellery, Yash Birla’s Zenith Birla and NAFED, the list of wilful defaulters is…
Financial services secretary has urged chiefs of banks and insurance firms to use facilities in GIFT City.
Global reinsurance giants are in the process of setting up their top team in a bid to kickstart their India…
Banks and firms are scrambling to provide 40 cr people with access to schemes by May 9
We need to fundamentally correct the balance sheets of some section of corporate India says says Uday Kotak.
Even after two interest rate cuts by the Raghuram Rajan-led RBI, except for State Bank of India, other state owned…
SBI, HDFC Bank cut lending rates by 15 bps each; ICICI slashes by 25 bps.
As of March 2015, 299 mega projects involving an outlay of Rs 18.13 lakh cr still remain stalled with Project…
