Short-term Covid-19 Policy: Pricing, Unpredictability Key Challenges For Insurers
The decision of the insurance regulator to permit specific, short-term health insurance products for Covid-19 treatment ... Read more
Bank Of Baroda Posts Net Profit Of ₹507 Crore In Q4
Bank of Baroda (BoB) reported a standalone net profit of ₹507 crore in the fourth quarter ended March 31, 2020. BoB (a... Read more
Union Bank Q4 Loss Narrows To ₹2,503 Crore
Union Bank of India (UBI) reported a net loss ₹2,503 crore in the fourth quarter ended March 31, 2020.The bank’s fin... Read more
Have Closed Communication Gap With Govt, Says Patanjali
The company has launched Divya Coronil tablets, which it claims cures Covid Read more
YES Bank Sells 2.84% Stake In SICAL Logistics In Tranches
Private sector lender YES Bank, on Tuesday, said it has sold 16.61 lakh equity shares of SICAL Logistics amounting to 2.... Read more
IRDAI Allows Specific Short-term Health Cover For Covid-19
The Insurance Regulatory and Development Authority of India (IRDAI) has on Tuesday allowed specific short-term health in... Read more
RBI Extends Special Liquidity Window For YES Bank By Another Three Months
In further support to private sector lender YES Bank, the Reserve Bank of India is understood to have extended the speci... Read more
PPF, NSC, Other Small Savings Schemes May See Further Reduction In Interest Rate
Small savings schemes such as PPF and NSC are likely to see further reduction in interest rate. New rates for the three ... Read more
ICRA Downgrades YES Bank Tier II Bonds To D After RBI Bars Interest Payment
Rating agency ICRA, on Tuesday, downgraded the Basel II-compliant Upper Tier II bonds of YES Bank to D. The development ... Read more
Amid Q4 Loss, Indian Bank Reports Good Performance In FY20
Even as the public sector lender Indian Bank reported an increase in net loss in the 4th quarter of FY20, its net profit... Read more
Karnataka Bank To Take Decision On Raising Capital At The Appropriate Time: CEO
Our BureauKarnataka Bank has said that it may go ahead with its decision to raise capital once it is convinced about th... Read more
Aditya Birla Sun Life Plans G-Sec-linked Guarantee Product
Sees protection and guarantee products as growth drivers Read more
Online Shopping, Contactless Payments Here To Stay: Mastercard Survey
More consumers are moving to e-commerce with concerns over hygiene and prefer contactless payments in the wake of the co... Read more
Federal Bank Gets Board Nod To Raise Up To ₹12,000 Cr
Federal Bank on Tuesday said it plans to raise up to ₹12,000 crore, majority of which is targeted to come through borr... Read more
About 70% Of The People Who Can Afford Health Insurance Dont Have It: Bajaj Allianz General Insurance Head Tapan Singhel
The Covid-19 led economic crisis will not lead to a shrinking of business for the general insurance industry, believes T... Read more