Category: Banking & Financial Services

Govt mulls diluting up to 5% stake in LIC in FY25

The Government may consider up to 5 per cent stake dilution in Life Insurance Corporation of India (LIC) in the current

Vehicle insurance dominates Shriram General Insurance Company’s portfolio today accounting for 91 per cent of its gross written premium of

Zuno General Insurance (formerly Edelweiss General Insurance) has launched the “Pay How You Drive (PHYD)” add-on coverage option for customers,

The Reserve Bank of India on Monday released a draft circular on ‘Regulatory Principles for Management of Model Risks in

CMS Info Systems has secured a groundbreaking mandate to transform bank branch surveillance for a major Mumbai-headquartered public sector bank,

The rupee ended at an all-time closing low of 83.85 per dollar on Monday as FPIs sold in the Indian

SBI General Insurance Company Limited (SBI General Insurance) and HSBC India have entered into a bancassurance partnership for the distribution

After facing severe backlash from customers and the crypto community on whole, WazirX has shelved its plans to socialise losses

Muthoot Capital Services Limited (MCSL) has entered into a partnership with a UK-based Development Financial Institution for raising long-term debt

Even after the country’s top lender State Bank of India decided not to levy penalty for maintaining minimum balance in