Some lenders in talks with LIC for pvt placement
Mop-up misses target as big FIIs skip issue.
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A rule change may make Nachiket Mor, among others, eligible to replace Chakrabarty.
While the latter is being viewed as a greater concern, the former may gain prominence in the next few weeks.
The pension fund managers distribute products under the National Pension System.
After a gap of about five years, a public sector bank (PSB) has decided to rope in a cricketer to boost its brand.
Say 30 days not enough to resolve stress; want higher provision norms deferred till economy picks up
The first step that has been taken by IIB is to bring out unique identity numbers for hospitals.
At least five state-run banks on central bank's radar for lax credit appraisal
RBI's draft guidelines prescribe that banks with a strong capital base and NPAs below 3% can become brokers.
About 12 other lenders with combined exposure of Rs 1,200 crore likely to follow
According to Insurance Regulatory and Development Authority recommendations, a uniform grace period of 30 days is extended for annual, half-yearly and quarterly renewals, and 15 days for monthly renewals.
Raghuram Rajan has appointed him as head of several committees soon after taking charge.
Life Insurance Corporation of India (LIC) on Friday got its first female managing director and another new MD.
The Indian Nuclear Energy Pool, meant to insure risks from nuclear reactors, may take longer to be set up. While the idea of forming a pool was mooted earlier this year, it has reached a deadlock owing to differences among the stakeholders on certain clauses.
Most insurers aren't comfortable with subscribing to the National Pension System as they see it as competition.
For FY14, the first full year of the law's implementation, the spend could go up to nearly Rs 8,700 crore (Rs 87 billion), given that India Inc's profitability has grown at a compounded 7.5 per cent annually in the past three years.
Directors that are shareholders will also face more problems.
The insurer plans to hire about 2,00,000 agents this financial year.
More than a decade after it entered the market, Naukri.com, Info Edge (India) Ltd's recruitment services portal, has about 50,000 customers and about 120,000 job listings.
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