| Axis Bank's Kaul to join Bajaj Allianz | 03-NOV-09 |
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| Hemant Kaul, executive director of Axis Bank, would soon join Bajaj Allianz General Insurance as chief executive officer, the non-life insurer said today. |
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| Reliance Life's AUM cross Rs 10,000 cr | 08-OCT-09 |
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| Anil Ambani Group firm Reliance Life Insurance said Wednesday its asset under management (AUM) has crossed Rs 10,000 crore and it is aiming for a four-fold rise in the next four years. |
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| R-Life to raise Rs 2,000 cr via IPO | 06-JUN-09 |
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| Reliance Life Insurance, an Anil Dhirubhai Ambani Group (ADAG) company, has decided to enter the capital market to mop up Rs 1,500-2,000 crore through an initial public offer (IPO). This will be the first instance of listing by a life insurance company on any Indian bourse. |
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| Reliance Life slashes agent strength | 12-MAY-09 |
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| Reliance Life Insurance, the insurance arm of Reliance Capital, reduced the number of agents by almost a third in the second half of the past financial year. |
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| 'We will add more employees in future' | 12-MAY-09 |
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| The second half of 2008-09 saw Reliance Capital going slow on loans as raising funds was a problem. Besides, its revenue from distribution of financial products was affected and the number of life agents also dropped by over 60,000. Though the overall environment seems to be improving, Reliance Capital CEO Sam Ghosh tells Anirudh Laskar and Sidhartha that the company is opting to be cautious. |
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| NBFCs seek more collateral for loans | 27-APR-09 |
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| Although lending is picking up, risk aversion is still showing with non-banking finance companies (NBFCs) seeking higher collateral while sanctioning loans. |
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| R-Capital net rises 11% to Rs 132 crore | 21-JAN-09 |
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| Reliance Capital On Tuesday posted a 11.34 per cent rise in its third quarter consolidated net profit to Rs 131.54 crore, thanks to the 36.11 per cent growth in its operating income. |
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| Reliance Capital gets nod to float NBFC, home finance firm | 15-JAN-09 |
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| Reliance Capital has got the regulatory approval to set up a housing finance company (HFC) and a non-banking finance company (NBFC) and intends to kick off operations with focus on small ticket loans. The companies, which will be subsidiaries of Reliance Capital, are in the process of setting up teams and is looking to commence operations in a couple of months. |
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| Reliance Cap gets NHB nod for home loan biz | 14-JAN-09 |
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| Anil Ambani group's Reliance Capital today said it has received the necessary regulatory approval to set up a housing finance subsidiary and expects to become a leading player in the home loan business over the next 3-5 years. |
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| R-Capital may halve proposed $1-bn PE fund | 20-OCT-08 |
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| The Reliance ADA Group, which was planning to launch a $1-billion private equity (PE) fund by March 2009, has decided to start operations from January itself, but with a smaller fund size, expected to |
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| R-Cap to raise $1 bn for PE foray | 16-SEP-08 |
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| Reliance Capital (R-Cap), an Anil Dhirubhai Ambani Group firm, is raising $1 billion (over Rs 4,600 crore) from foreign investors for its foray into the private equity business. |
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