Following the company's Q2 earnings, SBI Life Insurance managing director and chief executive officer (MD&CEO) Amit Jhingran spoke on the road ahead for the company
Gross NPA drops to 1.97% in Q2FY25 from 2.48 per cent in Q2FY24
Balance between inflation & growth is well-poised, the Indian economy reflects a picture of stability and strength, said Shaktikanta Das
Analysts believe stock will remain under pressure in near term
Earlier this month, the RBI barred four NBFCs, including two MFIs, from sanctioning and disbursing loans due to charging exorbitant interest rates to borrowers
Both the bond issues have been rated "AAA" by domestic rating agencies.
Allianz's stake in both the life and general insurance companies is pegged at Rs 30,000 crore, according to Emkay report
After Mumbai, the bank is planning to open such centres in some other key markets in India to address the requirements of global Indians
Irdai chairman has urged large conglomerates and business houses to invest in India's insurance sector
HDFC Bank remains unaffected by the industry-wide stress
The central bank had last week barred the NBFC from sanctioning and disbursing additional loans for charging exorbitant interest rates
Durable alignment with target in sight, says report
In FY26, the bank's credit growth will be in line with system growth; in FY27, banks' credit growth to outpace system growth
The bank's gross non-performing assets was 1.36 per cent in Q2FY25, up from 1.33 per cent in Q1FY25
We are not managing the exchange rate, Das clarified
According to the report, Asirvad contributes around 27 per cent to the consolidated assets under management (AUM) of Manappuram Finance
Situation to last for whole of FY25, with Q2 being the most challenging period, it says
High demand, lower costs drive global fundraising surge
Net interest margin drops slightly to 3.99 per cent compared to 4.05 per cent in the previous quarter, and 4.11 per cent in Q2FY24
Clawback, deferral, or reduction in payouts on the cards for distributors