As the government eased restrictions, the insurer is gradually opening its branches, though its headquarters in a Mumbai red zone remains shut. As of now, 236 out of the 421 branches are open. In offices that seat a large number of employees, the company has only half or one-third of employees at work. “We are … Read more
4th note in the series… the last one for calendar year 2019 !
With an intention to reduce non-banks business risks and focus on boosting credit growth, Reserve Bank of India (RBI) has asked banks to reduce their stake in insurance companies to 30%. The limit is 50% for NBFCs holding stakes in the insurance companies. Banks may get 3-5 years to implement this rule As per the … Read more
Talk of the town… Everyone is wondering whether to invest or not… 6 key pointers to consider