by AIP Online Bureau | Jun 23, 2025 | Banking & Bancassurance, Indian News, Non-Life
A transaction could value SBI General Insurance at as much as $4.5 billion, the people said. Mumbai: Warburg Pincus is in talks with Premji Invest and State Bank of India about selling them its stake of about 10% in SBI General Insurance Co., according to people...
by AIP Online Bureau | Jun 23, 2025 | Banking & Bancassurance, Indian News, Life, Non-Life, Technology, Wealth Management/ Philanthropy, Workplace/Employee Benefits
“This strategic initiative aims to enhance the depth, quality, and consistency of financial planning provided across SBI’s extensive branch and digital network. The training will cover investment planning, retirement readiness, insurance advisory, and...
by AIP Online Bureau | Jun 23, 2025 | Eco/Invest/Demography, Indian News, Regulation
Earlier this month, the Reserve Bank of India enabled Separate Trading of Registered Interest and Principal of Securities (STRIPS) for state debt but said these securities can only be issued for bonds with a residual maturity of up to 14 years. MUMBAI: The Indian...
by AIP Online Bureau | Jun 23, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management
The shipments are primarily held up at Kandla and Mundra ports in Gujarat, with neither vessels nor insurance available for Iran-bound cargo due to the Middle East conflict, said president Satish Goyal New Delhi: Around 1,00,000 tonnes of basmati rice destined for...
by AIP Online Bureau | Jun 23, 2025 | Data, Eco/Invest/Demography, Risk Management, Wealth Management/ Philanthropy
New Delhi: Volatility in gold prices has declined and its response to interest rate hikes has become increasingly asymmetric, signalling a deeper, structural shift in the metal’s role in global portfolios, said Llama Research in its June edition.According to the...