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INSURANCE NEWS
Post Office Life Insurance policy bonus declared for Financial Year 2024-25
Sat, Mar 23, 2024     Source : Economic Times
The government has announced the bonus for Post Office Life (PLI) Insurance policyholders. The rates of bonus for the Financial Year 2024-25 will be applicable from April 1, 2024.
MUTUAL FUNDS NEWS
Mutual funds make a dash for hybrid funds before financial year ends
Tue, Feb 20, 2024     Source : Business Standard
PPFAS, Quantum, Mahindra Manulife among those to launch new products
NEWS
Banks write off Rs 14.56 lakh crore NPAs in last nine financial years
Tue, Aug 08, 2023     Source : Economic Times
Banks have written off bad loans worth Rs 14.56 lakh crore in the last nine financial years starting 2014-15, Parliament was informed on Monday.
NEWS
Banks recovered Rs 10 lakh crore in last nine financial years
Thu, Jul 27, 2023     Source : Economic Times
Scheduled Commercial banks have recovered around Rs 10 lakh crore during the last nine financial years.
INSURANCE NEWS
Insurance plan that can help save tax in the new financial year
Tue, May 30, 2023     Source : Mint
The new financial year has begun, and people are looking at options which can help increase their wealth, give financial protection to the family and can also help save taxes.
MUTUAL FUNDS NEWS
Debt mutual funds offer muted returns in financial year 2022-23
Wed, Apr 05, 2023     Source : Economic Times
It’s the beginning of the new financial year. Are you wondering how your mutual funds fared in FY23?
NEWS
Bad loans worth Rs 10 lakh cr written off by banks in last five financial years
Wed, Dec 14, 2022     Source : Economic Times
Finance Minister Nirmala Sitharaman on Tuesday said bad loans worth Rs 10,09,511 crore have been written off by banks during the last five financial years.
MUTUAL FUNDS NEWS
Losing steam: Average NFO collection slumps in FY23, shows data
Wed, Sep 21, 2022     Source : Business Standard
At Rs 260 crore, average amount mobilised per new fund offer 57% below last financial year's tally
NEWS
Dalal Street beats global peers for a second financial year in row
Fri, Apr 01, 2022     Source : Business Standard
However, the gains were muted compared with the previous financial year, when the market soared 70 per cent, thanks to the sharp rebound from Covid-19 lows
INSURANCE NEWS
Bajaj Allianz Life settles claims worth Rs 700 cr in FY21, says CEO Chugh
Mon, May 31, 2021     Source : Economic Times
Bajaj Allianz Life Insurance settled claims worth a total of Rs 700 crore in 2020-21, of which nearly 5 per cent were on account on COVID-19-related deaths, and the claims may go up in the current financia...
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Will Midcaps outperform Large caps in 2020?
Feb 17 , 2020
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