After a 22-year trial, the CBI court issued the judgment following the Supreme Court's vacation of the stay
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SBI Leads at Rs 5.8 Lakh Crore, Bank of Baroda Second at Rs 1.2 Lakh Crore in Market Valuation
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In an interview with BW Businessworld, Deepak Kinger, Chief Risk & Compliance Officer, ICICI Prudential Life Insurance, talks about insurance regulations, customer empowerment and digital transformation
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Oil prices, US Treasury yields and geopolitical tensions due to the Middle East conflict can put upward pressure on the yields, the report pointed out
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There could be increasing penetration of RuPay cards, which run on the UPI platform
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If implemented, these changes may affect insurers' margins, necessitating adjustments in Embedded Value (EV) calculations, potentially lowering estimates
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RBI emphasised that these penalties were imposed under the Banking Regulation Act, 1949, and were related to regulatory compliance lapses, not assessing the validity of transactions or agreements between the banks and their customers
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“India has the potential of getting Rs 15 lakh crore premium from the existing model, for which the growth required from current levels is around 200 per cent," Patnaik says
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