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INSURANCE NEWS
Health insurance industry exposed! Here’s what policyholders get from insurers against lofty promises
Mon, May 06, 2024     Source : Financial Express
The survey said that rejection of health insurance claims and cancellation of policies by insurance companies were among the top issues faced by consumers.
NEWS
FMCG industry begins witnessing green shoots in rural demand recovery
Mon, May 06, 2024     Source : Business Line
Normal monsoon, lower inflationary pressures bodes well for gradual recovery in rural demand, FMCG industry players belive
MUTUAL FUNDS NEWS
Mutual fund industry AUM surges 35% at Rs 53.40 lakh crore in March: ICRA Analytics
Fri, Apr 26, 2024     Source : Economic Times
The assets under management of the Indian mutual fund industry surged 35% and stood at Rs 53.40 lakh crore in March 2024 as compared to Rs 39.42 lakh crore in March 2023, according to a report by ICRA Anal...
MUTUAL FUNDS NEWS
Mutual fund industry assets grow 35% in FY24
Thu, Apr 18, 2024     Source : Economic Times
The mutual fund industry's assets under management grew by 35% in FY24, recording the highest gain since fiscal FY21 when the industry grew by 41%, said the Association of Mutual Funds India (AMFI).
INSURANCE NEWS
Health insurers leave general insurance industry far behind in growth in FY24
Sat, Apr 13, 2024     Source : Economic Times
India's standalone health insurers grew two times faster than the general insurance industry in FY24, ToI reported on April 12 citing data from the General Insurance Council.
INSURANCE NEWS
General Insurance industry grows 12.78% in FY24
Tue, Apr 09, 2024     Source : Economic Times
The general insurance industry reported a growth of 13% in FY24, the pace of expansion slowing from a year before on a decline in agri insurance.
NEWS
Growth in bank credit to industry decelerates to 7.8% in January: RBI
Fri, Mar 01, 2024     Source : Economic Times
Growth in bank credit to industry decelerated to 7.8 per cent year-on-year in January compared to 8.7 per cent in the same month last year, according to Reserve Bank data released on Thursday.
MUTUAL FUNDS NEWS
Single fund manager for commodity, overseas funds to reduce costs for MFs: Industry expert
Wed, Feb 28, 2024     Source : Economic Times
Markets regulator Sebi's proposal of allowing mutual fund houses to have a single fund manager to oversee commodity and foreign investments is aimed at reducing the cost of managing the fund, a top officia...
MUTUAL FUNDS NEWS
Indian mutual fund industry likely to hit Rs 100 lakh crore by 2030: Axis Capital
Sat, Feb 24, 2024     Source : Economic Times
The Indian mutual fund industry is expected to become Rs 100 lakh crore in valuation by 2030, according to a report by Axis Capital.
NEWS
Market regulator Sebi urges industry to step up voluntary compliance
Sat, Feb 17, 2024     Source : Business Standard
Enforcement cannot be the only solution, says Sebi WTM; Varshney assures Sebi's KYC infrastructure strong
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