The rating agency has, however, reaffirmed the Financial Strength Rating (FSR) for GIC Re with stable outlook.
New business premium or the first-year premium of 23 private sector life insurance companies for H1 grew 23.29% to Rs…
“I think most companies are taking about eight to nine years to break even…We expect we will be able to…
He said the company is trying to bring down the cost of EVs by localisation of batteries and some components.…
Ageas Federal Life Insurance becomes first life insurer with foreign partner as majority stakeholder
After the acquisition of the additional 25% stake, Ageas’ shareholding in the JV rose to 74% from the earlier-held 49%.…
Religare’s management under the leadership of Saluja has revitalised the company and put it on a sustainability and growth path.
McLeod earlier informed that its lenders were evaluating a resolution process for it as per the Reserve Bank of India’s…
Well-managed mid-cap and small-cap funds may continue to perform well going forward…
Public sector lender United Bank of India?s plan to get rid of bad assets worth about R300 crore in this…
The MFI major said the brand-building exercise is essential for it to inform people about its foray into banking operations
HDFC Life will continue to invest in the agency-based distribution channel…
Foreign investors are now more comfortable with India as they think the country is on a better economic growth path,…
An increase in foreign direct investment (FDI) limit to 49% from 26% in the insurance sector will increase capital inflow…
Infrastructure equipment financier Srei BNP Paribas is aiming to increase its market share from the current 28% to 32-35% by…
Prime Minister Narendra Modi?s much-touted ‘Chai Pe Charcha’ campaign worked well with the Indian voters but chats over tea are…
India?s about-R2.5-lakh-crore card payment industry can double its size in the next three years as non-cash transactions are growing at…
United Bank expects to shore up its capital adequacy ratio by raising Rs 575-cr worth capital.
Ruing Hindustan Motors? decision to stop production for now, taxi unions in Kolkata said it was bad news for commercial…
