The Reserve Bank of India on Friday has suggested that managements of defaulter companies can get back their units seized…
GIC Re, the official reinsurer of the country which also manages the terrorism pool set up exclusively to handle terror…
The booming health insurance business in the country has seen two public sector companies, New India Assurance, the largest domestic…
The global financial conditions continue to be uncertain and unsettled with ripple effects on domestic money, forex and credit markets.…
It is now highly unlikely that two categories of large institutional investors?insurance companies and mutual funds?will rush to pick up…
In a clear acknowledgement that a very wide range of measures is in the works to handle liquidity pressures, the…
The shake-up in the core operations of American International Group, after its $85-billion bailout by the US government…
SBI with over Rs 7 lakh crore assets has improved its ranking from 70th to 57th position, according to the…
Economic indicators for the Indian economy have worsened year-on-year, with the current account deficit widening to $10.72 billion against $6.3…
PricewaterhouseCoopers has been manadated to look out for a buyer for the firm?s European operations.However neither KPMG nor PricewaterhouseCoopers co…
The government has thrown open the New Pension Scheme, or NPS, to the private sector and individuals. Come October, any…
Stirred up by competition, state-owned banks and insurers are now rushing to implement new strategies charted out by their consultants…
The new investment guidelines issued by the Insurance Regulatory & Development Authority may have spread cheer among private sector insurers,…
It is now curtains down for the long ailing Kolkata-based Industrial Investment Bank of India. Mumbai-based Arcil, the leading entity…
In a bid to sharpen its financial arsenal, Life Insurance Corporation, the country?s largest institutional investor, has undertaken an overhaul…
Call it the ?Casa contradiction.? Banks chasing current and savings accounts for cheaper funds are caught in a bind by…
FM Palaniappan Chidambaram has pulled up the four state-owned GICs, which have rapidly lost marketshare to their private sector counterparts.
Central banks in developed economies, including the US Federal Reserve and European Central Bank which cut interest rates and undertook…
