International rating agency Standard & Poor’s, which is keeping a close watch on Indian banks, feels that while the industry…
Air India has scored a dubious first as state-owned banks have refused to give fresh loan to the debt-ridden carrier…
SBI Cards, a joint venture between the State Bank of India and GE Capital, has made a good recovery after…
Debt-ridden state-owned carrier Air India has got some relief as it needs to pay 12% less insurance premium this fiscal…
The country?s health spend as a percentage of the gross domestic product may be one of the lowest in the…
The Chief Vigilance Commission or CVC?s move to make bankers more accountable has raised the hackles of the latter.
The R44,000-crore domestic general insurance industry is in for a huge setback as the Insurance Regulatory & Development Authority is…
A series of drastic regulatory measures over the past one year has transformed the domestic insurance industry.
With pirates striking with alarming regularity and Naxal menace on the rise, the demand for kidnap-&-ransom insurance policies from the…
The financial crisis in the US and Europe has hit the overseas borrowing plans of several Indian banks as there…
The Insurance Regulatory and Development Authority will vet each of the IPO proposals of the life insurers to ensure that…
While the $1.5-trillion Indian economy is gaining momentum in terms of size and sophistication, business enterprises are increasingly facing new…
Business chases disasters, be it Tsunami or when hackers attack websites. General insurance companies in India, which insure accidents to…
In an attempt to diversify operations, state-owned Life Insurance Corporation has decided to sponsor one of the proposed infrastructure debt…
The country?s largest capital market player Life Insurance Corporation, with over R12 lakh crore assets, is ready to provide support…
Foreign banks may be still pruning their workforce globally, but two largest foreign bank ? Citi and Standard Chartered Bank…
M Ramadoss, chairman of the country’s largest general insurance company New India Assurance, was suspended on Monday, following a CBI…
The Reserve Bank of India will transfer R15,009 crore in surplus profit to the government this year, 20% below the…
