by AIP Online Bureau | Jul 28, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Life, Wealth Management/ Philanthropy
“In the next few months if the trend continues then we will have no other option but to raise deposit rates because the market conditions are also not very favourable for us to go to the market to raise growth capital,” said a senior executive at a...
by AIP Online Bureau | Jul 28, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
Ridham Desai, managing director, Morgan Stanley India Company Despite a record rise in trading by retail investors over the past eight years, Indian households remain “dramatically” underweight in the asset class, with stocks comprising only 5%-6% share of their...
by AIP Online Bureau | Jul 28, 2022 | Indian News, Non-Life
The general insurer’s combined ratio stood at 104.6 per cent in Q1 FY23 as compared to 103.4 per cent in Ql FY22 mainly due to higher claims ratio The company’s investment and other income (net) for Q1 FY23 increased by 30 per cent y-o-y to Rs 612 crore...
by AIP Online Bureau | Jul 27, 2022 | Eco/Invest/Demography, International News
Jerome Powell,Chairman, US Fed Policy makers, facing the hottest cost pressures in 40 years, lifted the target for the federal funds rate on Wednesday to a range of 2.25% to 2.5%. That takes the cumulative June-July increase to 150 basis points — the steepest...
by AIP Online Bureau | Jul 27, 2022 | Indian News, Non-Life
Neerja Kapur, general manager , New India Assurance The FSIB, that replaced the BBB (Banks Board Bureau) as the head hunting agency for the top management of PSU banks and insurance companies on July 1, had interviewed seven shortlisted general mangers of different...
