by AIP Online Bureau | Jun 28, 2023 | Indian News, Life, Regulation
In April, the Reserve Bank allowed HDFC Bank or HDFC to increase shareholding in HDFC Life Insurance Company and HDFC ERGO General Insurance Company to over 50 per cent before the effective date of the merger Mumbai: Mortgage financier HDFC Ltd on Tuesday picked up...
by AIP Online Bureau | Jun 27, 2023 | Briefs, Life
HDFC Life has tied-up with Aavas Financiers Ltd, a leading housing finance company to provide credit financing services. Customers of Aavas will now have access to a wide range of HDFC Life’s insurance products including coverage for home loans and Loans Against...
by AIP Online Bureau | Jun 24, 2023 | Indian News, Life, Policy, Regulation
The matter relates to the claim of input tax credit against supply of services, which the GST authority believes are ineligible for such claims The D-G of GST Intelligence is currently probing large number of insurance companies and several of their intermediaries and...
by AIP Online Bureau | May 16, 2023 | Indian News, Life
Out of the total amount of Rs 3,660 crore, Rs 2,696 crore will be payable to policies in this financial year, as bonus on maturing policies or as cash bonuses. The remaining bonus amount would be payable in the future upon policy cessation by way of maturity, death...
by AIP Online Bureau | May 2, 2023 | Briefs, Life
HDFC Life has elevated Niraj Shah as executive director & chief financial officer, effective April 26, 2023 for a term of three years, subject to approval of the Shareholders. Niraj has been the CFO) of HDFC Life since February 2019. He oversees finance, product...
