Category: Banking & Financial Services

SoftBank Vision Fund records loss of $3.86 b in H1

SoftBank Group Corp’s flagship Vision Fund has suffered an investment loss of $3.86 billion (excluding gains on bets in subsidiaries)

Sustained high growth in unsecured retail loans can increase the risk of mispricing and misjudgement, which could have a direct impact on

Life Insurance Corporation (LIC) of India is expected to post muted results for Q2 FY24 owing to compression in VNB

Retail lending has grown more in the rural areas relative to the urban areas across lenders, as creditors started tapping the

The Supreme Court has refused to entertain a petition seeking a direction to the Centre and others to frame guidelines

The Indian rupee plunging to a life-time low of ₹83.33 against the US dollar may partly be on account of

Bajaj Allianz Life Insurance Company Ltd (BALIC), a leading private life insurer, aims to add atleast 50,000 agents (on net

Life Insurance Corporation (LIC) of India posted a net profit of ₹17,469 crore for H1 FY24, the insurer’s highest ever

Financial year 2024’s first issuance of sovereign green bonds (SGrB) sailed through on Friday, receiving decent investor interest. The cut-off

Life insurance industry’s new business premium (NBP) is expected to grow 9-12 per cent in FY24 to ₹4.06-4.14-lakh crore, and