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RBI’s Rs 50K cr liquidity facility can augment hospital bed capacity by 20%: Crisil

by AIP Online Bureau | May 7, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  Mumbai: Reserve Bank's Rs 50,000-crore liquidity window can help augment the bed capacity at hospitals by up to 20 per cent as credit will be available at cheaper costs, credit ratings agency Crisil said on Friday. The window to banks under priority-sector...

Life insurers’ new business premium up 45% at Rs 9,739 cr in Apr

by AIP Online Bureau | May 7, 2021 | Indian News, Life

New Delhi: Life insurance companies logged nearly 45 per cent growth in their cumulative new business premium at Rs 9,738.79 crore in April 2021, Irdai data showed on Friday. All 24 life insurers had collected Rs 6,727.74 crore as new business premium during the same...

BBB selects Mini and Pattanaik as MDs of LIC

by AIP Online Bureau | May 7, 2021 | Indian News, Life

  Mumbai: The Banks Board Bureau, the head haunting agency for selecting Chairmen,CEOs and MDs of public sector banks and insurance companies,on Friday, has chosen Ipe Mini and B.C. Patnaik as managing directors of the Life Insurance Corporation...

BBB selects Gupta and Singh for heading National Insurance and United India

by AIP Online Bureau | May 7, 2021 | Indian News, Non-Life

  Mumbai: The Banks Board Bureau, the recommending body for the appointment of Chairmen,CEOs and MDs of public sector banks and insurance companies,on Friday, has chosen Suchita Gupta, general manager, GIC Re as the CMD of National Insurance...

EU seeks India’s support for plastics treaty, draft summit statement says

by AIP Online Bureau | May 6, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

  The European Union will ask India to join its push for a global treaty on plastic pollution, according to a draft statement prepared for a virtual summit on Saturday and seen by Reuters. The draft statement, which must be signed off by EU ambassadors and needs...
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