Page 1134 - Finance News
15 years of insurance industry after privatisation: The tech edge
Fifteen years since its inception, private and public sector players have taken efforts to promote growth and improve penetration
 "15 years of insurance industry after privatisation: The tech edge")
 "More rate cuts? Budget may provide the answer")
 "Warming up for action")
 "Rocky road ahead for PSB stake sale")
 "Rupee no laggard")
Banks' steady progress of a decade impeded by slowdown
India's banking sector has made significant progress in the past decade but slow economic activity has taken a toll since 2011
ICICI @ 60
The lender's journey through the decades
Different strokes
Of the six banks that currently have their top positions vacant, five have seen a decline in RoA since 2008
 "Different strokes")
 "Status check on health insurance")
Market sees minimal impact on govt borrowing
The Street believes the transition will be smooth and it might take six to 12 months for the changes to fully take effect
 "Market sees minimal impact on govt borrowing")
40-year govt bonds set to grab the attention of insurers, pension funds
These long tenure bonds will help to develop the yield curve beyond 30 years
 "40-year govt bonds set to grab the attention of insurers, pension funds")
American Express allows cardholders to pay with points
Cardholders can pay with points across 750 retail, dining outlets
 "American Express allows cardholders to pay with points")
RBI-appointed panel calls for effective information management practices
Committee was appointed to effect synergy and uniformity in the efforts being undertaken in the areas of data reporting and data standardisation
 "RBI-appointed panel calls for effective information management practices")
PSUs cheaper, private sector banks score on service
For those who use basic services and visit the branch often, there isn't a big difference between the two
 "PSUs cheaper, private sector banks score on service")
Andhra Bank, Indian Bank slap notices on Annapurna Studios
Annapurna Studios is said to have failed to repay Rs 32.3 cr to Andhra Bank and Rs 29.7 cr from Indian Bank
Syndicate Bank gets EGM nod to raise Rs 460 crore via pref issue
Issued 37.47 million shares to government of India at an issue price of Rs 122.75 per share
 "Syndicate Bank gets EGM nod to raise Rs 460 crore via pref issue")
 "Don't outsource loan processing: RBI")
Indian finance leaders most optimistic about economic growth: Amex study
The survey finds economic outlook in India remains strongest in world at 94%
 "Indian finance leaders most optimistic about economic growth: Amex study")
Govt to borrow Rs 3.6 lakh cr in April-Sept
This is about 60% of the full-year gross borrowing estimate of Rs 6 lakh cr for 2015-16
 "Govt to borrow Rs 3.6 lakh cr in April-Sept")
 "Barclays sees India frontloading rate cuts before Fed disruption")