by AIP Online Bureau | Dec 23, 2024 | Data, Eco/Invest/Demography, Technology
According to the survey, nearly 9 out of 10 car buyers in India are more inclined to visit a physical dealership, highlighting the critical importance of in-person visits in shaping their overall buying behaviour, it stated Majority of car buyers in India still prefer...
by AIP Online Bureau | Dec 23, 2024 | Data, Eco/Invest/Demography, Non-Life
“This year, the number of new demat accounts may cross the 40 million mark,” said Dr Soumya Kanti Ghosh, Group Chief Economic Adviser, SBI, adding that apart from a few states, the participation of women increased more than national average in FY25 as compared to...
by AIP Online Bureau | Dec 23, 2024 | Banking & Bancassurance, Data, Eco/Invest/Demography
“Due to various measures, India’s financial inclusion improved significantly and now more than 80 per cent of adults in India have a formal financial account, compared to about 50 per cent in 2011, which is improving the financialisation of the savings rate of...
by AIP Online Bureau | Dec 23, 2024 | Indian News, Life, Non-Life, Policy, Regulation
According to the latest IRDAI annual report for Fy 23-24, released today after its ratification in the winter session of Parliament the insurance penetration for life insurance industry has again marginally declined from 3 per cent in the previous year to 2.8 per cent...
by AIP Online Bureau | Dec 23, 2024 | Briefs, Non-Life
Shriram General Insurance Company (SGIC) has settled the motor insurance claims within 24 hours of the incident in Jaipur (Rajasthan).On Friday, December 20, 2024, a truck loaded with chemicals collided with a tanker carrying LPG and other vehicles including a CNG...