The bank promptly took action, filing a police complaint and notifying regulatory authorities after an internal and independent investigation conducted by KPMG
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This shift is partly due to households taking loans to invest in real assets like homes
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Before joining Liberty, he served as the President of Consumer Lines at Tata AIG General Insurance
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The net financial savings of the household sector moderated to 5.1 per cent of GDP in 2022-23 from 11.5 per cent in 2020-21 and 7.6 per cent from pre-pandemic 2019-20
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Similar to an e-commerce platform, Bima Sugam will function as an online insurance marketplace, allowing insurers to offer their policies for sale while enabling policyholders to purchase policies and submit claims
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In September, DCB Bank saw a gain of more than 6 per cent, while Karur Vysya Bank's value surged by over 10 per cent. Year-to-date, DCB Bank experienced a 2 per cent loss, whereas Karur Vysya Bank made significant progress, advancing by over 18 per cent
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Similar to their stance in June, the majority of Fed policymakers continue to anticipate that the central bank's benchmark overnight interest rate will reach its highest point this year, within the range of 5.50% to 5.75%
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AUM growth of NBFC-MFIs foreseen at 24-26 per cent in FY24 and 23-25 per cent in FY25. Industry needs to remain cautious on borrowers’ indebtedness level.
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