Life insurance sector to grow 12-15% in FY 16
India’s life insurance industry is likely to grow by 12% to 15% in the current financial year due to Read more
financial year
General insurance industry may grow by 20% annually
The Indian general insurance industry is likely to grow by around 20 per cent per annum in the coming years because of increasing penetration, a top official of New India Assurance said. Read more
Union Bank to raise up to Rs 1,500 cr through Tier I, II capital bonds
Union Bank of India will be raising up to Rs 1,500 crore through Tier I and Tier II bonds in the current financial year. The Public Sector Bank announced this in a notice on the Bombay Stock Exchange on Monday. The bank’s Board approved the fund raising in its meeting held on December 22, said the BSE notice. Read more
