News for 'ajay-bimbhet'

Urgent needs that FM's Budget must address

Certain key initiatives are necessary to build a greater momentum towards growth and increased penetration of the insurance industry. Strong reforms are required to help the general insurance companies break even in intensely competitive market conditions. The recommendations are here. . .

IDBI Bank acting CEO resigns

IDBI Bank's acting chief executive officer and country head of retail banking Ajay Bimbhet has resigned.\n\n\n\n

Panel to be set up to spot permanent IDBI Bank CEO

It's consolidation time: IDBI Bank chief

R-Cap to begin talks with foreign partners for insurance biz

"This is a huge positive and is expected to bring in $8-10 bn capital in the industry."

Insurers see a change agent in new FDI rules

Inflow of more funds is likely to widen the reach of insurance and drive M&A activities in the sector where growth has stalled.