General insurance penetration and density are among the lowest as compared to China, Russia, Thailand and Brazil and life insurance is still the only long-term savings option available to urban and rural consumers.
Jagdeep S Chhokar, one of founders of the Association for Democratic Reforms (ADR) and the former IIM Ahmedabad professor says that even though there are no real positive changes in the country’s democracy, there is hope fo
The single biggest problem in the Indian economy is that there is still a reluctance and unwillingness of the private sector to invest. It is a complex situation, and we do not know when it will get resolved, says Hitendra Da
Despite a big push by the Prime Minister’s Office (PMO) for greater use of the Aadhaar-enabled Payments System (AePS), the apprehension on the part of larger banks that they might lose market share is slowing the process.