- May 16 2013, 2343
Securitisation, a key route for banks to meet their priority sector lending target, has shrunk by 20 per cent during 2012-13 to Rs 30,251 crore, according to a report from
- May 15 2013, 2315
Export Credit Guarantee Corporation of India (ECGC) on Tuesday stated that the insurance claims filed by banks that had provided guarantees to the beleaguered Zoom Developers did not meet the terms and conditions of the insurance contract, which led to ECGC rejecting the claim.
- May 14 2013, 2233
Frequent hikes in the premium rates of motor third-party insurance covers have made this segment of the business less loss-making for non-life insurance companies. The loss ratios should improve
- May 13 2013, 2304
In a bid to rein in the high current account deficit, the Reserve Bank of India (RBI) on Monday said that gold imports on a consignment basis by banks could
- May 10 2013, 2317
Life insurance companies are suffering from shrinking profits. Falling income from new business and renewal premium higher surrender payouts and a relentless regulatory screw during FY13 have hit
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