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SBI offers 20 bps discount on electric vehicle loans

by AIP Online Bureau | Apr 23, 2019 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Non-Life

  Mumbai: In a bid to boost volumes for the struggling electric vehicles segment, State Bank of India Monday launched a discounted loan for buyers of such vehicles pricing 20 basis points lower than its existing auto loans.   Of the 3.6 million (FY19) car...

SBI Gen Insurance launches Cyber Defence insurance

by AIP Online Bureau | Apr 22, 2019 | Indian News, Non-Life, Risk Management

   Mumbai: SBI General Insurance (SBIG), has launched of its new product – Cyber Defence Insurance. The product will offer cyber insurance to businesses. While in the initial phase the intent is to focus on SME, mid-market businesses, it can cater to...

Govt & benefactors, not insurers, to bear cost of Notre Dame rebuilding

by AIP Online Bureau | Apr 21, 2019 | International News, Non-Life

  Major European insurers expect France to bear the bulk of the cost of rebuilding the Notre-Dame Cathedral after a fire tore through the eight-centuries-old Paris landmark on Monday.   The cost of a likely multi-year restoration project could itself take a...

Deposits in Jan Dhan accounts fast inching towards Rs 1 lakh crore mark

by AIP Online Bureau | Apr 21, 2019 | Eco/Invest/Demography, Indian News

  NEW DELHI: The total deposits in bank accounts opened under the Jan Dhan scheme, which was launched about five years ago by the Modi-government, are set to cross Rs 1 lakh crore soon.The total balance in the Jan Dhan accounts, which has been steadily rising,...

Over 150 killed, 450 injured in decade’s worst terror attack in Sri Lanka

by AIP Online Bureau | Apr 21, 2019 | Eco/Invest/Demography, International News, Risk Management

  Colombo: At least nine foreigners were among 160 people killed in six near simultaneous and coordinated explosions that rocked three churches and three luxury hotels frequented by tourists in Sri Lanka on Easter Sunday, following a lull in major attacks since...
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