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Sunday, January 12, 2020

Non-life insurers log 12% rise in premium at Rs 15,981 cr in Dec 2019

Of all the insurers, 25 general insurance firms reported a rise of 4 per cent in their combined premium during December at Rs 14,037.51 crore, as against Rs 13,502.48 crore in the year ago period.

from Banking/Finance-Industry-Economic Times https://ift.tt/2uJ7elf
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IRDAI starts work on standardising general clauses in health insurance policy contracts

The insurance regulator issues draft guidelines, wants comments by January 25

from Business Line - Money & Banking https://ift.tt/2NjySLV
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Seven of top-10 firms add Rs 32,020 crore in m-cap

The combined market valuation of seven of the top-10 domestic firms rose by Rs 32,020.12 crore last week, with HDFC Bank and RIL emerging as the biggest gainers. TCS, HDFC, HUL, ICICI Bank and Kotak Mahindra Bank were the other bluechips which witnessed a rally in their market capitalisation (m-cap) for the week ended Friday, while Infosys, SBI and ITC suffered losses.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2tQH3sa
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MDR waiver: Govt turns down banks’ compensation demand, know why

MDR charges were earlier charged by banks subject to a cap of 0.60% of card-based transactions for payments over Rs 2,000.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2FID0kt
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MDR waiver: Govt turns down banks’ compensation demand, know why

MDR charges were earlier charged by banks subject to a cap of 0.60% of card-based transactions for payments over Rs 2,000.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2FID0kt
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