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Higher insurance FDI may attract $12 billion

Mumbai, Feb. 3 -- Allowing 100% foreign direct investment in insurance could bring up to $8-12 billion worth of capital flow into the country in three to five years, encourage expertise and niche prod... Read More


Higher insurance FDI may attract $12 billion

Mumbai, Feb. 3 -- Allowing 100% foreign direct investment in insurance could bring up to $8-12 billion worth of capital flow into the country in three to five years, encourage expertise and niche prod... Read More


Mint explainer: Who complained to RBI against banks, non-bank lenders?

Mumbai, Feb. 3 -- New products, innovations, and technological advancements in the banking sector have heightened the need for stronger customer protection measures, particularly in the light of emerg... Read More


Mint explainer: Who complained to RBI against banks, non-bank lenders

Mumbai, Feb. 3 -- New products, innovations, and technological advancements in the banking sector have heightened the need for stronger customer protection measures, particularly in the light of emerg... Read More


Union Budget 2025: Insurance FDI hike may spur capital flows of up to $12 billion, trigger M&As

New Delhi, Feb. 2 -- Mumbai: Allowing 100% foreign direct investment in insurance could bring up to $8-12 billion worth of capital flow into the country in three to five years, encourage expertise and... Read More


Union Budget 2025: Insurance FDI hike may spur capital flows of up to $12 billion, trigger M&As

Mumbai, Feb. 2 -- Allowing 100% foreign direct investment in insurance could bring up to $8-12 billion worth of capital flow into the country in three to five years, encourage expertise and niche prod... Read More


Economy Survey 2025: Insurance coverage lower than global average, notable gaps

Mumbai, Jan. 31 -- India's insurance penetration at 3.7% is much lower than the global average of 7%, and there is a "notable gap" in the country's insurance coverage, said the Economic Survey 2024-25... Read More


Bank of Baroda lowers margin guidance citing higher cost of deposits

Mumbai, Jan. 30 -- Bank of Baroda lowered its margin guidance anticipating that higher cost of funds will continue after its profitability for the third quarter ended December narrowed sequentially. ... Read More


Insurers seek Budget support for tax incentives, more global participation, push for health cover

New Delhi, Jan. 30 -- Insurance companies are looking at government support for the sector through Budget announcements that enhance accessibility, simplify tax benefits, and encourage innovation in i... Read More


Piramal Enterprises PAT muted after MFI slippages, higher credit costs

Mumbai, Jan. 27 -- Piramal Enterprises posted muted profit after tax in Q3 FY25 as strong loan growth was partially offset by higher provisions due to asset quality woes. The non-banking financial co... Read More