Of the 15 life insurance companies, just 10 make their portfolios available on their websites
The idea was that despite some defaults the high rates would assure good profits.
Under the scheme, which seeks to open 75 million accounts by January 26, 2015, an accident insurance cover of Rs 100,000 is provided with every RuPay debit card offered by the National Payments Corporation of India.
Life insurance sector in India grew by 41 per cent in 2005-06 due to better performance of country's largest life insurer, LIC, and private players like Bajaj Allianz and ICICI Prudential.
Transcript of the chat with the insurance expert.
IndusInd Bank Limited has applied to the Reserve Bank of India for floating an insurance broking subsidiary as an area of diversification, a top bank official said.
The cumulative m-cap of the companies listed on the BSE soared to a new peak of Rs 82,02,907 crore at 1200 hours.
Budget in the medium term aims to kick-start the investment cycle.
They have also been accused of extending loans for criminal intent of falsification of repayment by a number of borrowers, including some entities associated with large corporate groups.
Share prices of Dewan Housing, Indiabulls Housing, and PNB Housing have declined 30-80% in the past one year
The government on Thursday cleared the long-awaited sale of the UTI Asset Management Company to three state-owned banks and the LIC at a price of Rs 1,237 crore.
M Damodaran is likely to head the new market value-based UTI Mutual Fund, promoted by LIC and three leading banks, after the new fund becomes operational from February 1.
Eight months after India's largest car maker, Maruti Suzuki India, announced plans for a Gujarat unit to be set up as a wholly-owned subsidiary of parent Suzuki, opposition to the move continues to simmer.
There are three important issues which one needs to consider before opting for one type of a loan over the other. Check them out.
The court also made clear that the second opportunity has been granted to the citizens keeping in mind the "magnitude" of the issue.
Did you know that annual premium-paying option is cheaper than a monthly premium paying option?
An advisory body of EPFO has rejected a proposal to engage private banks -- ICICI, Axis and HDFC Bank -- for collection of PF contribution from employers.
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The penalty was levied in connection with deficiencies and lapses in the operation and maintenance of the currency chest at the Secunderabad branch of SBI, it said. Last month, the RBI had imposed a penalty of Rs 3 crore (Rs 30 million) on SBI for violating know your customer/anti-money laundering norms.
Captain Shikha Surabhi is the first woman to lead a formation of 36 men and 9 Royal Enfields of the Indian Army's motorcycle display team on Republic Day.
The SC sought the Centre's response on the suggestion that any one of the 10 documents can be used by claimants to prove legacy.
There is a case for analysing the fiscal deficit, separately for expenditure and investment.
Life insurance industry grew by over 65 per cent to Rs 5,436 crore in September compared to Rs 3,291 crore premium income from new business in July, mainly due to the success of LIC's Varishtha Pension Bima Yojana.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
These schemes came into force from June 1.
Advisors and agents known to you personally can also sell wrong policies.
Institutional investors - both foreign and domestic - lapped up the government's big-ticket share sales on Friday, helping it add nearly Rs 9,000 crore to its revenue kitty.
Control over PSU banks is what is allowing the government to drive this scheme.
Second-tier NBFC stocks are trading at 24.4x their trailing earnings, which is nearly twice their 15-year average of 13.9x
Don't share information over phone with anyone. Use only official apps. Keep Aadhaar locked unless needed.
In the past three years, personal loans have grown at twice the rate of growth in personal disposable income, leading to a steady rise in household indebtedness. At the end of March this year, Indians owed Rs 25.2 lakh crore to banks and listed non-banking finance companies (NBFCs), up 65 per cent in the past three years.
From banking to teaching, the list covers all.
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