The lifting of the foreign direct investment (FDI) investment limit in insurance sector to 49 per cent could create frictions between the domestic and foreign promoters of insurance companies in
With multiple categories of insurance plans available, choosing a category that matches your needs will allow you to realise the policy benefits to the maximum. Read on to know
The rupee strengthened by five paise to 61. 81 against the dollar in early trade today at the Interbank Foreign Exchange on increased selling of the US currency by exporters
Close on the heels of acquiring ING Vysya Bank, private lender Kotak Mahindra Bank on Thursday announced the setting up of a non-life insurance company. The bank said that
Private-sector lender Kotak Mahindra Bank today announced its entry into the highly fragmented general insurance space, a week after buying out ING Vysya in one of the biggest deals in
Banks have collected over Rs 6 000 crore by opening 7. 9 crore accounts under the Pradhan Mantri Jan Dhan Yojana said a senior Finance Ministry official
The Insurance Regulatory and Development Authority (Irda) is pinning hopes on the insurance laws (amendment) bill, which will allow insurers to fix remuneration for their agents.
Speaking at the 16th
The rupee again breached the 62-mark by falling 7 paise to 62. 01 against the US dollar in early trade today on the Interbank Foreign Exchange market today due to
Oil prices edged lower in Asia today as dealers bet that the OPEC cartel is unlikely to agree on any cuts at a key output meeting this week, analysts said.
The Securities and Exchange Board of India’s Rs 50 crore net worth criteria for the mutual funds has been effective in making serious mutual fund players to pump in money
- Payout on Franklin Templeton plan
FT Capital Protection Oriented plan has announced up to 100 per cent of distributable surplus as dividend.
- Canara Robeco declares dividend
Canara Robeco Interval Series 2 has declared up to 100 per cent of distributable surplus as dividend.
- Payout on HSBC MF plan
HSBC Mutual Fund has declared up to 100 per cent of distributable surplus as dividend on HSBC Fixed Term Series 30.
- Dividend on Kotak MF
Kotak Mutual Fund has announced up to 100 per cent of distributable surplus as dividend on Quarterly Interval Plan Series 8.
- UTI Mutual Fund declares dividend
UTI MF has declared up to 100 per cent of surplus as dividend on UTI Quarterly Interval Fund Series IV.
- Payout on Bharti AXA scheme
Bharti AXA Mutual Fund has declared dividend on weekly frequency on Bharti AXA ST Income Fund.