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Covid-19 deaths: Insurers received over 22,000 claims in FY21
The claims paid ratio (provisional) stood at 98.1% for individual claims and 98.6% in the group category
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Digit Insurance value soars to $3.5 billion in 1 year
Led by Faering Capital, Sequoia Capital India, IIFL Alternate Asset Managers and a few others, this USD 200 million is the biggest funding to date
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FPIs invest Rs 13,269 crore in Indian markets
According to depositories data, FPIs invested Rs 17,215 crore in equities between June 1 and June 30
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RBI should not print money to finance fiscal deficit: Pinaki Chakraborty
Pinaki Chakraborty said India's current macroeconomic situation is certainly better than what it was during the first wave of the Covid-19 pandemic
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Banks board recommends 10 names for exec director posts in public sector banks
The BBB, the headhunter for state-run banks and financial institutions, interviewed 40 candidates over a period of two days for vacancies of executive
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Businesses need not deduct TDS on share/commodity purchases via exchanges: CBDT
I-T department said it had received representations about practical difficulties in implementing TDS provisions in case of transaction via exchanges
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Government readies amendments to GIBNA for insurance PSU privatisation; may table Bill in monsoon session
The government has budgeted Rs 1.75 lakh crore from stake sale in public sector companies and financial institutions during 2021-22
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Airtel Payments Bank hopeful of break-even in FY22; logs surge in biz volumes amid pandemic
A senior company official on condition of anonymity said the bank is "confident" of achieving break-even this year
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Edelweiss General Insurance eyes 80-85% of business from health, motor segments
The company, which recorded 49% growth in its gross premium during FY21, is hopeful of continuing with same growth trajectory in current fiscal year
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Unclaimed term deposits will no longer attract higher savings deposit rate
The amount left unclaimed will attract a rate of interest as applicable to savings account or the contracted rate of interest on the matured TD
