SBILife

RBI asks banks to trim stake in insurance companies to 30%

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

Forgot Password
Please enter your email address or username below.
*
Username OR Email Address
Username can not be left blank.
Please enter valid data.
Submit
 
Please Signup - It's Free !
*
Username
Username can not be left blank.
Please enter valid data.
This username is already registered, please choose another one.
This username is invalid. Please enter a valid username.
*
First Name
First Name can not be left blank.
Please enter valid data.
This first name is invalid. Please enter a valid first name.
*
Last Name
Last Name can not be left blank.
Please enter valid data.
This last name is invalid. Please enter a valid last name.
*
Email Address
Email Address can not be left blank.
Please enter valid email address.
Please enter valid email address.
This email is already registered, please choose another one.
*
Password
Password can not be left blank.
Please enter valid data.
Please enter at least 6 characters.
    Strength: Very Weak
    Submit
     
    Please Login
    *
    Username or email
    Username can not be left blank.
    Please enter valid data.
    *
    Password
    Password can not be left blank.
    Please enter valid data.
    Please enter at least 1 characters.
    LOGIN