Hit by an additional provisioning of R8,500 crore on account of third-party motor business in 2011-12, general…
The state-owned Export Credit Guarantee Corporation, which provides cover to Indian exporters, is devising new policies for the export credit…
With the cost of various professional courses going up rapidly, the demand for educational loans has gone up substantially in…
Yielding to general insurers? demand, the segment regulator, Insurance Regulatory Development Authority, has agreed to reduce the solvency ratio threshold…
With the advent of 2012, things seem to be taking a positive turn for retail banking customers. Lending rates may…
Jolted by the stiff hike in provisioning in the loss-making third-party motor premium, the general insurers have demanded a sharp…
Corporates all over the world are revisiting their risk frame work to prepare themselves for new emerging risks.
The State Bank of India has acquired loans worth around $500 million from overseas banks. SBI chairman Pratip Chaudhuri said…
Australian major QBE, largest player at the Lloyd’s after lying low for last two years, has decided to seek higher…
State Bank of India chairman Pratip Chaudhuri has suggested to the government that his bank would settle for interest on…
The liquidity crisis in the insurance sector has developed into an ugly spat between Irda and a clutch of general…
While buying an insurance policy, a customer should focus on protection and not investment, says AK Dasgupta, managing director of…
With losses from the controversial third-party motor pool soaring as much as 450% in 2010-11, general insurance companies have decided…
In the 1980s, Rajiv Gandhi had famously promised a government that not just worked, but also worked faster. The current…
The Reserve Bank of India is likely to make it mandatory for all government transactions to be done through the…
The ministry of finance has asked the General Insurance Company of India?the country’s official reinsurer? not to pay commission on…
The consortium of lenders to the debt-laden telecom infrastructure company GTL has asked the promoters to bring in 15% of…
Refusing to provide any financial support to Vijay Mallya?s financially beleaguered Kingfisher Airlines immediately, a consortium of a dozen banks,…
