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    1. Business News
    2. Authors
    3. sitanshuswain

    Sitanshu Swain

    General insurers petition Irda for accounting relief

    Hit by an additional provisioning of R8,500 crore on account of third-party motor business in 2011-12, general…

    By Sitanshu Swain
    January 19, 2012 02:11 IST
    Cover for exporters to euro zone being monitored on regular basis

    The state-owned Export Credit Guarantee Corporation, which provides cover to Indian exporters, is devising new policies for the export credit…

    By Sitanshu Swain
    January 18, 2012 01:52 IST
    There?s a lot of scope for innovation in education loans

    With the cost of various professional courses going up rapidly, the demand for educational loans has gone up substantially in…

    By Sitanshu Swain
    January 17, 2012 03:23 IST
    Irda relief to general insurers on bonus, dividend payment

    Yielding to general insurers? demand, the segment regulator, Insurance Regulatory Development Authority, has agreed to reduce the solvency ratio threshold…

    By Sitanshu Swain
    January 12, 2012 03:06 IST
    Expect a 100-bps cut in base rate in the new financial year

    With the advent of 2012, things seem to be taking a positive turn for retail banking customers. Lending rates may…

    By Sitanshu Swain
    January 10, 2012 00:52 IST
    Insurers demand premium hike for motor TP businessSitanshu Swain

    Jolted by the stiff hike in provisioning in the loss-making third-party motor premium, the general insurers have demanded a sharp…

    By Sitanshu Swain
    January 6, 2012 03:42 IST
    In terms of HR, India one of the important locations

    Corporates all over the world are revisiting their risk frame work to prepare themselves for new emerging risks.

    By Sitanshu Swain
    December 17, 2011 00:56 IST
    SBI acquires loans worth $500 million from foreign banks

    The State Bank of India has acquired loans worth around $500 million from overseas banks. SBI chairman Pratip Chaudhuri said…

    By Sitanshu Swain
    December 15, 2011 00:21 IST
    QBE to expand its India operations

    Australian major QBE, largest player at the Lloyd’s after lying low for last two years, has decided to seek higher…

    By Sitanshu Swain
    December 13, 2011 02:46 IST
    SBI eyes Rs 3.5k-cr interest on CRR instead of capital

    State Bank of India chairman Pratip Chaudhuri has suggested to the government that his bank would settle for interest on…

    By Sitanshu Swain
    December 12, 2011 03:50 IST
    Third-party motor pool figures incorrect: Irda

    The liquidity crisis in the insurance sector has developed into an ugly spat between Irda and a clutch of general…

    By Sitanshu Swain
    December 9, 2011 01:39 IST
    As Ulip sales slacken, traditional products back in favour

    While buying an insurance policy, a customer should focus on protection and not investment, says AK Dasgupta, managing director of…

    By Sitanshu Swain
    December 6, 2011 00:00 IST
    Insurers? third-party motor pool losses up 450% in FY11

    With losses from the controversial third-party motor pool soaring as much as 450% in 2010-11, general insurance companies have decided…

    By Sitanshu Swain
    December 3, 2011 01:44 IST
    An hour after appointing acting CMD for New India Assurance, finmin cancels order

    In the 1980s, Rajiv Gandhi had famously promised a government that not just worked, but also worked faster. The current…

    By Sitanshu Swain
    November 30, 2011 02:39 IST
    E-payments likely for all govt depts from April

    The Reserve Bank of India is likely to make it mandatory for all government transactions to be done through the…

    By Sitanshu Swain
    November 25, 2011 01:23 IST
    Move to scrap reinsurance commission draws insurers? ire

    The ministry of finance has asked the General Insurance Company of India?the country’s official reinsurer? not to pay commission on…

    By Sitanshu Swain
    November 24, 2011 01:54 IST
    Banks ready to cut rate by 2% for GTL

    The consortium of lenders to the debt-laden telecom infrastructure company GTL has asked the promoters to bring in 15% of…

    By Sitanshu Swain
    November 22, 2011 02:02 IST
    No bailout package for Kingfisher: Govt

    Refusing to provide any financial support to Vijay Mallya?s financially beleaguered Kingfisher Airlines immediately, a consortium of a dozen banks,…

    By Sitanshu Swain
    November 13, 2011 03:17 IST
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    Latest News

    PDP to Support NC in Rajya Sabha Polls to 'Keep BJP Away'

    PDP to back NC in RS polls, Mehbooba Mufti says ‘fascist forces must be kept away’

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    Boeing, boeing 787, air india, ai rat deployment, deployment of rat, rat deployment on air india, what is rat, dgca

    31 Boeing 787s experienced ‘uncommanded’ RAT deployment globally: Report 

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    UPI drives 85% of India’s digital payments, transaction value jumps to Rs 246.8 lakh crore: RBI

    best small cap mutual funds 2025 india 30 percent returns performance tracker

    Best small-cap mutual funds 2025: 5 schemes beating benchmarks and compounding 30%+ returns

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    Latest News
    • PDP to back NC in RS polls, Mehbooba Mufti says ‘fascist forces must be kept away’
    • ‘No wonder countries are deporting…’ Netizens slam Indians in US for Diwali fireworks past 10 PM as police intervene
    • 31 Boeing 787s experienced ‘uncommanded’ RAT deployment globally: Report 
    • UPI drives 85% of India’s digital payments, transaction value jumps to Rs 246.8 lakh crore: RBI
    • Best small-cap mutual funds 2025: 5 schemes beating benchmarks and compounding 30%+ returns
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