Life insurance sector witnesses 18.6 per cent drop in first-year premium: CARE Ratings

"The life insurance sector continues to report a drop in their first-year premium collection as businesses have been severely impacted by the COVID-19 pandemic.

from Banking/Finance-Industry-Economic Times https://ift.tt/3iRbUKe

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Eight shortlisted for RBI deputy governor post; interview on July 23

A search panel headed by the cabinet secretary is scheduled to interview eight shortlisted candidates on July 23 for the post of RBI deputy governor,

from Business Line - Money & Banking https://ift.tt/2CrBXa6

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IL&FS may add another road asset to proposed InvIT list

Facing delays in finalising bidder due to COVID-19, cash-strapped IL&FS Group is looking at including one more road project - Pune Sholapur Road Development to its proposed infrastructure investment trust (InvIT).

from Banking/Finance-Industry-Economic Times https://ift.tt/325WEDn

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Covid lockdown, compression in economic growth may result in higher NPA: RBI Governor Shaktikanta Das

The RBI governor said Indian companies respond better in crisis, citing example of pharma companies during lockdown.

from Banking & Finance – The Financial Express https://ift.tt/3gOYSuT

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Utkarsh Small Finance Bank raises Tier II capital worth Rs 195 crore

USFBL, a scheduled commercial bank started its banking operations in January 2017 post receiving the small finance bank licence from Reserve Bank of India.

from Banking & Finance – The Financial Express https://ift.tt/2OhwGVe

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