'We have made investments in terms of making sure our savings banks franchise is strengthened'
'Central bank maintains constant vigil on sector, individual banks'
Bank management says, exposure to Adani Group well below the ceiling prescribed by RBI under large exposure framework
The stocks of life insurance companies reacted sharply to the announcement of the finance minister on Wednesday, with most scrip witnessing around 10 per cent fall in a day
Govt aims to curb misuse of Section 10(10D) of I-T Act with this proposal; new rule applicable on policies issued on or after April 1, 2023
The Survey points out that the highly competitive sector is already witnessing M&As as insurers have huge opportunities and volume to co-exist in the space
However, concerns have lately been raised over declining rates of recovery in comparison to their claims admitted through the IBC mechanism, resulting in large haircuts for lenders
Survey says with Ukraine war weighing on Europe, insurance industry growth in emerging markets is likely to outpace that in the developed markets this year, with emerging Asia in the lead
Will engage with Adani management for clarifications Hindenburg charges
Deposit growth has gathered pace to 10.6%
Performance was aided by healthy rise in net interest income, drop in provisions and contingencies
Impact of global hardening of rates on India difficult to predict, say analysts
Net card addition fell substantially in December to 580,000
DLAI has also sought clear licensing pathways and operating rules for the ecosystem
The stock tanks 8.33% following Bombay HC order and weak Q3 showing
Irdai Chairman Debabsish Panda said the Rs 50,000 crore figure was arrived at by making assumptions on the country's GDP, inflation, and how the world GDP will grow during this period
Order stayed for six weeks; bank may approach SC
RBL Bank's MD and CEO R Subramaniakumar talks to Subrata Panda and Bhaskar Dutta about the lender's margins, loan growth, and asset quality
International travel continued to over 50 per cent of the entire outward remittance by Indians under the scheme
This is among the host of suggestions submitted by the sector