In the April 2012-February 2013 period, the life sector's industry's new business premium collections fell 6.1 per cent, compared to the corresponding period of the previous financial year.
The public-sector lenders were yet to get a formal proposal on sale from HSBC.
These companies may recall loans in extreme cases; loan-to-value ratio stands at 60% but scrap value at 75%.
Hongkong and Shanghai Banking Corporation (HSBC) is exploring opportunities beyond metro cities to expand its commercial banking business in India.
The issues unions have been pursuing aggressively include forced suspensions, flexible work conditions, recognition of a union and salary parity for contract workers.
Card fees likely to increase to offset replacement cost.
Inability of stocks to return to their highest levels is one of the reasons why retail investors have been reluctant to return to the market.
Though exposure draft proposed 35-60% hike, Irda raised it only 19%.
It appears the two banks are now convinced that increasing their credit card portfolios will not lead to significant erosion in asset quality.
LIC had evinced interest to purchase the land at Baba Kharak Singh Marg at around Rs 800 crore.
Human resource experts say the volatile environment might change its hiring pattern, with the process spread through the year, instead of happening during December - February as at present.
The market regulator had last month allowed bourses to set up debt segments to develop the country's languishing corporate bond market.
Priority will be to maintain a balance between sector's growth and consumer welfare.
Global experience in allowing corporate groups to set up banks reveals that stringent regulation is the best defence against malpractice.
Aim is to boost sales volumes and increase penetration.
Shyam Srinivasan, managing director and CEO, shares with Business Standard the strategy to grow the bank's retail lending business in the coming quarters.
According to a presentation by LIC to Parliament standing committee on finance, total investment at the end of March 31, 2012 was Rs 13.49 lakh crore or Rs 13.49 trillion.
The pick-up in credit demand in coming months looks uncertain.
The Reserve Bank of India is widely expected to reduce the repo rate for the first time in nine months when it announces its third quarter policy review.
The list of companies include big names such as Colgate-Palmolive, Hero, Maruti Suzuki, Hyundai, Videocon, Onida, Arvind Mills, Nokia and Mahindra & Mahindra.
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