
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 adds IGL, Info Edge to India Index; deletes Vodafone Idea, Yes Bank, BHEL
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 partners with LIC to help customers make insurance premium payments online
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

Videocon loan row: ICICI Bank could appoint Sandeep Bakhshi as interim chief this week
Board could ask ICICI Bank CEO Chanda Kochhar to go on indefinite leave until the Srikrishna probe is concluded

Reliance General Insurance gets IRDAI nod for initial public offering
Reliance General Insurance is expected to list during the ongoing fiscal

SBI Life files IPO papers with Sebi, likely to raise Rs 6,500-7,000 cr
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

Retail, QIBs help ICICI Prudential Life IPO subscribe nearly 2 times
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

ICICI Prudential Life's Rs 6,057 cr IPO: Key facts you need to know
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

ICICI Prudential Life aims to raise Rs 6,000 crore via IPO
In the 2015-16 fiscal, ICICI Pru Life total premium stood at Rs 19,164 crore

HDFC board gives green signal to HDFC Life-Max merger
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

ICICI to sell 6% stake life insurance arm for Rs 1,950 cr; values co at Rs 32,500 cr
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.

Will you get higher annuity for National Pension Scheme?
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.

ICICI Prudential Life Introduces E-Portfolio Statement
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.

ICICI Prudential Life Introduces 'Webchat' Service
Webchat will enable consumers to resolve queries relating to their policy and also lodge any complaints that they may have.

SMS Your Payment To ICICI Prudential - I
ICICI Prudential Life in collaboration with mChek has now introduced premium payments via sms.