Punjab National Bank has the largest share.
Individuals have grown more aware of their market value.
Mumbai-based start-up Purple Squirrel Eduventures is helping students decide on their careers through industrial visits
Till June-end alone, insurance regulator is expected to bring about more than half a dozen reforms that will have a significant impact on the customer.
Banks have issues with their balance sheet profiles, say PSB executives.
Recent rates cuts by most banks may not have a significant impact on margins, say analysts.
'The rate cut will reduce the stress on customers and help the bank reduce its provisioning bill.'
Most say a rate cut could come in RBI's June policy.
Infotech will see a mixed appraisal season.
The proposal for listing public general insurers had come up in 2007.
Beneficiaries to get hospitalisation cover up to Rs 30,000.
Foreign reinsurance companies are now allowed to do business in India.
The regulator has made it mandatory for insurers to have a minimum percentage of motor third-party business underwritten.
The insurance sector is seeking clarity on the 'Indian management control' clause.
Inflow of more funds is likely to widen the reach of insurance and drive M&A activities in the sector where growth has stalled.
Banks are expected to cut lending rates from April 1.
Bupa and Axa have already declared their intention to raise stakes.
Bharti will move FIPB soon for increasing Axa's stake to 49%
The GST to be implemented from April 1, 2016, will increase the premiums.
Banks have not cut rates yet as March is typically a busy season.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances