Govt may target disinvestment in the merged PSU insurer in 2019-20

:  New Delhi: The Indian government is likely to seek to raise about 800 billion rupees ($11.21 billion) through the sale of state-owned assets in the next fiscal year, beginning April 1, two government sources with direct knowledge of budget discussions told Reuters on Tuesday.The...


Vishal Sharma, Executive Vice President, Bancassurance – Retail Business, HDFC ERGO General Insurance Company

Bonding with Banks 

  The privatisation of the insurance industry in the 2000s gave an overall boost to the insurance sector. However, till late 2012, banks were allowed to sell insurance products of just one insurancecompany, in each category. Thereafter, with the new regulation, banks were allowed to adopt...