News for 'Bhargav Dasgupta'

We'll focus on retail: ICICI Lombard CMD

In his first interview since taking over as ICICI Lombard managing director and CEO, Bhargav Dasgupta tells Shilpy Sinha that during the first quarter of 2009-10, the company has seen an increase in profit, while most other players are bleeding.

ICICI Bank plans US, Russia branches soon

2 more ICICI Bank branches in UK

ICICI Bank UK Ltd, a wholly owned subsidiary of ICICI Bank Ltd, India's second largest Bank, has enhanced its presence in the United Kingdom by inaugurating branches in Manchester and Southall on Thursday.

ICICI Bank to replicate Canada plan in the UK

ICICI Bank en route to Russia

Regulatory changes may usher new dawn for insurers

The regulatory changes brought in by the insurance regulator and the amendments proposed to the Insurance Act by the Centre may herald a new dawn for the sector in India. This may result in insurers bringing out more consumer-led products, top honchos of general insurance companies of the country concurred at the Business Standard BFSI Insight Summit 2022.

'The agenda is 'insurance for all by 2047''

'If you want it to grow well and serve the true needs of the economy, it needs a lot of freedom and flexibility, which comes in terms of the reform objective set by the regulator.'

Budget 2023 wish list: Insurers bat for hike in tax deduction limit

Ahead of the Union Budget 2023, insurers are hoping that the Centre will act on their recommendations, which includes increasing the limit for tax deduction under 80D of the Income Tax Act. Also among them are issuance of long-term bonds, tax incentives for home insurance premiums, and a separate section to claim deduction for term-insurance premium, among others. These suggestions would help improve the penetration of insurance in the country.

'Insurance paid Rs 25,000-30,000 cr in Covid claims'

'Last year (FY21), we had about 1 million intimated claims for Covid.' 'This year (FY22), in six months, we got about 1.6 million claims.'

Insurance to see rapid growth, consolidation inevitable: Panel

But, neither were the big companies interested in growing inorganically nor were the smaller ones ready to offer themselves for sale.

Budget gets a thumbs up from India Inc

"India's middle class, small traders and farmers are the lifelines of its economic growth. By catering to these ambitions #Budget2019 infuses hopes for millions of dreams."

'India's insurance density is one-tenth of China's'

Bhargav Dasgupta, managing director and chief executive officer of ICICI Lombard, tells Subrata Panda, in an interview that the company has adequate capital for now and does not see a need for fresh infusion through markets over the next few years.