by AIP Online Bureau | Aug 27, 2022 | Banking & Bancassurance, Data, Eco/Invest/Demography
The total portfolio outstanding of retail industry increased from Rs 71 lakh crore (March 2020) to Rs 80 lakh crore (March 2021), and further to Rs 89 lakh crore as of March 2022 Private banks experienced the highest growth of portfolio outstanding with a 32 per cent...
by AIP Online Bureau | Aug 26, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Early in the pandemic, Moderna said it would not enforce its COVID-19 patents to help others develop their own vaccines, particularly for low- and middle-income countries. But in March 2022 Moderna said it expected companies such as Pfizer and BioNTech to respect its...
by AIP Online Bureau | Aug 26, 2022 | Briefs, Eco/Invest/Demography, Health, Non-Life
Bimaplan, a Y Combinator-backed insurtech startup has recently announced a partnership with Niyo Bharat, to provide contractual factory workers with vital microinsurance protection plans. Bimaplan and Niyo Bharat’s partnership will provide financial inclusion to...
by AIP Online Bureau | Aug 26, 2022 | Eco/Invest/Demography, Health, Indian News, Non-Life
Sanjeev Mantri,executive director, ICICI Lombard General Insurance ` The new offerings were propelled by the recent announcement of ‘Use and File’ framework from the IRDAI. Fuelled by regulatory reforms, we have accelerated our pace of developing and launching new...
by AIP Online Bureau | Aug 26, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy
India will need around USD 10.1 trillion in cumulative economy-wide investment to meet its 2070 target. While India could decarbonise using carbon revenues or other domestic tax-raising mechanisms to fund green investments, leveraging international support would free...
