Real bank credit growth drops drastically, UTI AMC IPO could not have been better timed; all this and more on Moneycontrol Pro
Despite the loan melas and multiple rate cuts, bank credit continues to remain sluggish.
MSCI, the world's biggest index compiler, has added eight Indian stocks including HDFC Asset Management, Info Edge (India) and Indraprastha Gas Ltd to its India Index, while removing Vodafone Idea, Yes Bank and four others that have seen significant market capitalisation erosion this year
Paytm now provides online insurance premium payment solutions for over 30 insurance companies.
Chanda Kochhar to go on leave pending enquiry into Videocon loan issue; ICICI Bank appoints Sandeep Bakhshi as COO
Chanda Kochhar, a career ICICI Group employee has been under the cloud since late March, when allegations of conflicts of interest and possible quid pro quo in lending to Videocon group, along with lack of disclosures by the bank, made headlines.
Is ICICI Bank's long-serving boss Chanda Kochhar departing? Today's Board meeting could decide the CEO's fate
Board members of ICICI Bank are meeting on Monday to decide on the appointment and the scope of the BN Srikrishna panel to look into the allegations of conflicts of interest against chief executive Chanda Kochhar
Board could ask ICICI Bank CEO Chanda Kochhar to go on indefinite leave until the Srikrishna probe is concluded
Reliance General Insurance is expected to list during the ongoing fiscal
The public issue by the private life insurer involves its promoters offloading up to 12 crore equity shares of face value of Rs 10 each through offer of sale route, SBI Life said
At full subscription, the quota set aside for qualified institutional buyers was oversubscribed 1.88 times, while retail portion has been oversubscribed 1.02 times
The private life insurer, majority owned by ICICI Bank, has already raised Rs 1,635.33 crore from the 40-odd anchor investors on Friday
In the 2015-16 fiscal, ICICI Pru Life total premium stood at Rs 19,164 crore
Moving a step closer to form the country's biggest private sector life insurer, the board of HDFC today approved the merger of Max Life and Max Financial Services with its insurance arm HDFC Standard Life Insurance Company
The appointment is subject to prior clearance of RBI, other regulatory and shareholder approvals and would be effective on the date of receipt of approval.
According to a report published in Business Line today, the Pension Fund Regulatory and Development Authority want the seven insurance companies which are managing National Pension Scheme to pay better annuity rates.
The e-statement will give the policyholder a fund wise break up of their investments in the company's equity and debt funds and will also advise the policyholder on the ideal asset allocation strategy.
Webchat will enable consumers to resolve queries relating to their policy and also lodge any complaints that they may have.