Finserv

Tata AIA Unveils Multicap Momentum Qlty Index Fund

Offers consumers the unique combination of life cover and wealth creation

21 Hours Ago

Shriram GI's AI Tools Expose Fraudulent Claims

The investigation also revealed that the same vehicle has been used for filing several similar claims with other general insurance companies in Bareilly District, proving the entire claim in this case was fraudulent.

1 Days Ago

Indian MFs To Register Multi-Fold Growth In 2025

The growth will be backed by a sense of optimism and strong participation from retail investors: ICRA Analytics

1 Days Ago

Index Funds Tops As Fastest Growing In SIP AUM

According to a study by Zerodha Fund House, over the past year, Index funds have emerged as the fastest-growing category in Systematic Investment Plan (SIP) Assets Under Management (AUM), achieving close to 85% with the live SIP accounts increasing by about 80% over the same period.

2 Days Ago

Pramerica Life Partners With Policybazaar

The Partnership is to Strengthen it’s ULIP Portfolio, Launching NextGen Pension Plan and Smart Invest 1UP

3 Days Ago

Rising HNIs Driving Growth Of Global Financial Wealth

Indian Alternative Assets To Grow 5x To USD 2 Tn By 2034: Avendus Capital

3 Days Ago

Artha Global Opportunities Fund Relocates To GIFT City

It Aims to Achieve $1 Billion AUM in 3 Years

Dec 17, 2024

SBI Life launches ‘Smart Platina Supreme’ Plan

The plan is catering to the growing consumer demand for guaranteed income and protection

Dec 16, 2024

Economic Momentum Likely To Recover In H2FY25

India’s Q2FY25 GDP growth surprised markets at 5.4%, falling short of expectations.

Dec 16, 2024

TransUnion CIBIL Appoints Bhavesh Jain As MD & CEO

Mr. Jain will continue the important work of former Managing Director and CEO Mr. Rajesh Kumar, who recently resigned from the role after five years in post, spanning a significant period for the business including COVID-19 and beyond.

Dec 13, 2024

APP Scam Losses In India Can Reach Rs496 Mn By 2028

One in three scam victims will leave their current financial institution, underscoring the critical need for financial institutions to protect customers and maintain trust

Dec 12, 2024

Mirae Asset Launches 2 Schemes

Mirae Asset Nifty India New Age Consumption ETF and Mirae Asset New Age Consumption ETF Fund of Fund Launched

Dec 11, 2024

Equirus Wealth Crosses Rs100 Bn AUM Milestone

Equirus Wealth attributes its success to its differentiated unique product offerings, including an in-house top-performing Smallcap PMS strategy, an exclusive technology-focused startup fund investing in sectors such as SaaS, deep tech, and fintech, as well as a customized UHNI equity investment strategy.

Dec 11, 2024

LIC Recorded 16% Y/y Growth In NBP In 8 Months

LIC’s New Business Premium Growth Exceeds Industry and Private Insurer in the first eight months of FY25

Dec 11, 2024

Creating Wealth Through Bruised Blue Chips

Motilal Oswal 29th Annual Wealth Creation Study 2024: Reliance Industries, Adani Green & Linde India; Biggest, Fastest & Most Consistent Wealth Creators

Dec 10, 2024

Star Health Introduces ‘SUPER STAR'

It Is A Long Term Retail Offering

Dec 10, 2024

IndiaFirst Life Launches 18 Agency Branches In 3 Months

The insurer is looking to establish ~100 Agency branches across the country over the next two to three years.

Dec 10, 2024

Retail MF Folios, All-Time High, At 17,54,84,468 In Nov

A total of 18 schemes were launched in the month of Nov 2024, all in the category of open-ended scheme, raising a total of Rs 4,052 crores

Dec 10, 2024

Modest Lift In Mkt Likely In Mid To Long Term

Kotak Securities Market Outlook for 2025: Global economies are stabilizing as monetary policies shift toward easing, with interest rate cuts anticipated in the U.S., Europe, and Asia

Dec 10, 2024

PM Launches LIC’s Bima Sakhi Yojana

FM: Under this initiative, 25,000 women will be appointed as Bima Sakhis

Dec 09, 2024

ITI AMC Reaches 10,000 Cr AUM

Out of the total AUM of Rs 10109.47 crores as on December 3,2024,Rs 9312.52 crore is in equity schemes, while Rs 430.16 crore is in hybrid schemes and Rs 366.79 crore is in debt schemes.

Dec 09, 2024

Tech Billionaires’ Wealth Grew Fastest: Tycoons Beat Global Equity Mkts In 10 Yrs

The number of billionaires increased to 2,682 from 1,757 over the past 10 years; Their total wealth increasing 121% to USD 14 trillion from USD 6.3 trillion, as per The 10th UBS Billionaires Ambitions Report

Dec 07, 2024

Views From MFs: Positive Reaction In Banking Stocks

On a positive note, the CRR was unexpectedly reduced to 4%, providing relief to liquidity pressures. This move triggered a positive reaction in banking sector stocks.

Dec 06, 2024

Ageas Federal LI Opens Branch In Dehradun

This office is intended to meet the expanding demands of customers in Dehradun by providing improved accessibility and personalized services.

Dec 05, 2024

ABSL Conglomerate Fund Launched, Open Till 19 Dec

The NFO will be open for subscription from 5th December 2024 to 19th December 2024

Dec 05, 2024

Bajaj Finserv Healthcare Fund Launched

The fund opens for subscription on December 6th, and the New Fund Offer period ends on December 20th, 2024.

Dec 04, 2024

Kotak MF: 5 Themes Can Aid Markets In 2025

IT services spending is expected to improve, with increase spending in cloud services; Nilesh Shah, Managing Director, Kotak Mahindra AMC said, “Market corrections are opportunities to invest in fundamentally strong companies at reasonable valuations."

Dec 04, 2024

Fidelity International Bolsters Leadership In India

Fidelity International, a leading global investment and retirement savings business, has today announced an expanded international role for Rohit Jetly who will lead technology and operations for its Global Platform Solutions (GPS) business.

Dec 03, 2024

Digit Insurance Shares Claims Numbers, TAT

Digit Insurances releases 11th Transparency Report

Nov 29, 2024

20 AMCs Spread Financial Literacy At IITF

The purpose of Association of Mutual Funds in India (AMFI) participating in IITF is to share knowledge and investment avenues in the securities market to the visitors

Nov 29, 2024

Union Active Momentum Fund Launched

Union Mutual Fund marks its foray into Factor based investing The model has many factors namely historical price performance, volatility of returns, relative strength, liquidity etc. to name a few.

Nov 28, 2024

Groww MF Introduces Multi-Cap Fund

The Fund is to Capture India’s Growth Story; NFO Period: November 26th - December 10th 2024

Nov 27, 2024

Motor Insurance Grows 2X

The company issued over 4 lakh motor insurance policies, with a 2.3x increase in premiums between August and October 2024.

Nov 27, 2024

Tata AMC Launches Index Fund Based On BSE Select Business Groups

Index to invest in India’s future

Nov 26, 2024

Angel One AMC Can Now Commence Its MF Business

It Aims to empower investors with transparent and efficient passive investment solutions

Nov 26, 2024

Motilal Oswal Nifty Capital Mkt Index Fund Launched

NFO closes on 10th December, 2024

Nov 26, 2024

HDFC Nifty India Digital Index Fund Launched

NFO closes on December 6, 2024; An open-ended scheme replicating / tracking the Nifty India Digital Index (TRI)

Nov 25, 2024

Kotak Transportation & Logistics Fund Launched

An Opportunity to Participate in Country's Transformation Journey

Nov 25, 2024

Trump's ‘America First’ Policy Could Reshape International Trade: MOPW

Trump's protectionist trade policies and their impact on India also needs to be watched out for in the coming months

Nov 23, 2024

Tata AIA Life Crosses 1 Mn App Downloads

User-friendly interface and functionality result in an impressive 4.7 rating on Android and 4.6 rating on iOS.

Nov 21, 2024

80% Of Equity MFs Outperform Respective Benchmarks In Oct’24

PL Wealth Management: Value, Contra & Dividend Yield Funds was the best performing category, where 96% of the schemes outperformed the benchmark

Nov 21, 2024

Earnings Growth Likely To Moderate To 12-14% CAGR Over FY24-26: MOPW

Motilal Oswal Private Wealth: Markets have witnessed intra-year drawdowns of 10% or more in 22 out of the last 25 years, reveals report

Nov 20, 2024

Bain Capital Closes Global Special Situations Fund

One of the world’s leading private investment firms, creates one of the largest global special situations investment pools with $9 billion of investable capital

Nov 19, 2024

UTI Mutual Fund Expands With 19 Financial Centres

The expansion is across South and East of India

Nov 18, 2024

Coverage & Wellness Benefits

The product of Galaxy Health Insurance is crafted with a customer centric approach across its plans

Nov 14, 2024

Liberty General Continues To Drive Insurance Awareness

Liberty General Insurance Drives Insurance Awareness and Inclusion with ‘Suraksha ka Vaada Bima ke Saath’ Initiative Across Delhi and Punjab

Nov 14, 2024

Passive Funds Popular Among Gen Y, Gen Z

Motilal Oswal AMC Unveils Results of 2nd Edition of Investor’s Survey on Passive Funds in India 2024

Nov 12, 2024

360 ONE Wealth & CRISIL Launch ‘Wealth Index’

The Wealth Index’ will Unveil Investment Behaviours of India’s Wealthy

Nov 12, 2024

Bajaj Allianz Life Achieves 34% Growth In IRNB

The insurer recorded an increase in private sector market share to 8.9% and an overall industry share of 6.1%.

Nov 12, 2024

“Investors Have Preferred Hybrid Funds Due To Volatility”

Views of the MF Houses’ spokes persons; Large cap biased schemes continue to see inflows

Nov 11, 2024

MF Industry’s AUM At All-Time High Of Rs67.26 Tn

The industry's robust growth is reflected in the historic milestone of retail folios crossing 17.23 crores

Nov 11, 2024

Shriram MF Starts Multi-Sect Rotation Fund

NFO will open on Nov 18, 2024, and close on Dec 02, 2024

Nov 11, 2024

Tata India Innovation Fund Launched

Tata Asset Management Unveils The Fund aiming to Tap Growth via Sector-Wide Innovation

Nov 08, 2024

LIC’s Premium Income Up By 13.56% To Rs2.33 Tn

The insurer’s overall market share increased to 61.07% for H1FY25 from 58.50% for H1FY24

Nov 08, 2024

Equities: Valuations, Sentiment Moderated, May Need Further Correction To Stabilize

Though foreign investors show interest in Indian bonds, volatility in US yields may continue to influence inflows

Nov 07, 2024

Globally IPO Volumes Down By 12%: India’s Economic Outlook Strong

7.2% growth forecast for FY25, Driven By Robust Consumption, Investment

Nov 06, 2024

Deepak Lamba Appointed As CEO of Fashion Entrepreneur Fund

The appointment pave the way for disruptive future-ready innovation in fashion

Nov 05, 2024

Bandhan Enters Tech Space

Bandhan Group Acquires Genisys Group

Nov 05, 2024

Multi Asset Allocation Funds Outperform General Equity Schemes

According to a report by Ventura Securities, an analysis of 25 multi-asset funds reveals that they have outperformed the majority of general equity schemes in one, three- and five-years span.

Nov 04, 2024

Digital Financial Services Keep Making Gains

The growth of digital financial services has also led to an increase in non-traditional access points, such as retail and mobile money agents, while traditional access methods like ATMs and bank branches have seen a decline, especially since the COVID-19 pandemic

Nov 01, 2024

Motilal Oswal MF Introduces 4 New Index Funds

All four NFO closes on 6th November, 2024. These index funds cater to risk-taking investors aiming for higher returns by tapping into the growth potential of mid and small-cap sectors.

Oct 31, 2024

SBI GI's Premium Revision For Select Products

Premium Revision for Select Health Insurance Products Will Be Effective February 1, 2025

Oct 30, 2024

Bajaj Broking Offers Margin Trading Facility @ 9.99% Interest

Bajaj Broking Launches Diwali Campaign ‘Shubh Diwali, Shares Wali’

Oct 29, 2024

Lockton Granted Acquisition Of Arihant Insurance Broking

World’s Largest Independent Insurance Broker Lockton expands presence in India

Oct 29, 2024

MOFSL Reports Highest Ever Quarterly PAT Of Rs12.42 Bn

Robust Net worth of Rs. 11,070 cr as of September 30, 2024 up 48% YoY

Oct 28, 2024

MOFSL Reports Highest Ever Quarterly PAT Of Rs12.42 Bn

Robust Net worth of Rs. 11,070 cr as of September 30, 2024 up 48% YoY

Oct 28, 2024

ABSL AMC’s New SIP Registrations Up 443% At 11,54,000

Aditya Birla Sun Life AMC’s Profit after Tax at Rs. 2.4 bn; up by 36% Y-o-Y

Oct 28, 2024

ICRA's Q2 Profit Surges 15%, Revenue Up 20%

Revenue growth was driven by acquisition of D2K Technologies and increased market appetite for risk products, solutions and collaborations with global data providers.

Oct 28, 2024

AI-enabled Tools Available To Support M&A Process

India's M&A Deal Value Surges 66% in 2024, It has outpaced global growth of 10% as India's total M&A activity reaches $1.6 Trillion

Oct 26, 2024

Paytm Sees Big Opportunity In Cross Selling Finservs, Will Leverage AI

In Q2 FY 2025, Paytm’s Revenue From Financial Services & Others Up 34% QoQ To Rs376 Cr; In this quarter, 6.0 Lakh customers availed financial services, which has a large headroom for growth

Oct 25, 2024

Nilesh Shah's Key Mantra For Samvat 2081

Quality over Momentum, reasonable valuations over expensive valuations and moderate return expectations with focus on asset allocation will be the key mantra

Oct 25, 2024

TATA AIG Launches 5 Riders With 60 Benefits

TATA AIG targets accelerated growth in health insurance with launch of innovative riders, including industry-first comprehensive preventive mental health coverage

Oct 23, 2024

SBI Life Insurance Registers NBP Of Rs15,725 Cr

Regular premium has increased by 11% over the corresponding period ended on 30th September, 2023

Oct 23, 2024

HDFC AMC Joins ONDC To Democratize Access To MF Products

Novel initiative to empower underserved regions with affordable, accessible mutual fund investments

Oct 23, 2024

Niva Bupa Gets SEBI Nod For Rs30 Bn IPO

The IPO with a face value of Rs10 each is a mix of fresh issuance of Rs 800 crore and an offer for sale of up to Rs 320 crore

Oct 22, 2024

SBI GI's H1 FY25 Net Profit Soars 6.9 Times To Rs414 Cr

GWP grows at 16% more than double the industry growth of 7%

Oct 22, 2024

AI-Powered Travel Insurance For Today's Travelers

ICICI Lombard Launches TripSecure+

Oct 22, 2024

360 ONE WAM’s PAT UP 33.4% AT RS247 CR

Q2 FY25 TOTAL REVENUES AT RS 618 CRORE - UP 40.1% YoY

Oct 21, 2024

Upstox Implements AML Check Using Trackwizz’s Screenzaa Solution

, Upstox becomes first largest retail broker to apply real time AML check

Oct 21, 2024

Star Health Insurance Campaigns On World Osteoporosis Day

Free Bone Scans Across 46 Cities to Promote Early Detection and Preventive Care

Oct 19, 2024

ICICI Lombard’s PAT Grows 20% In Q2 At Rs6.94 Bn

Combined ratio stood at 103.2% for H1 FY2025 compared to 103.8% for H1 FY2024

Oct 18, 2024

HDFC AMC’s Q2 Net Profit Up 32% Y/Y At Rs5,769 Mn

One of the most preferred choices of individual investors, with a market share of 13.2% of the individual monthly average AUM for September 2024

Oct 16, 2024

Indian Navy Signs MoU With Bajaj Allianz Life Insurance

MoU is for providing insurance to Naval civilians

Oct 15, 2024

Tata AIA Life Products Launched On Tata Neu App

Encouraging Response Witnessed with INR. 250 Million ANP in the First 90 Days

Oct 15, 2024

SBI Nifty India Consumption Index Fund Launched

New Fund Offer opens on October 16, 2024, and closes on October 25, 2024

Oct 15, 2024

LIC’s NBP For H1FY25 Rises 25% YoY

LIC’s new business premium for H1FY25 rises to Rs 1.15 trillion

Oct 12, 2024

Information & communication, Financial & Insurance Activities Major FDI Recipients

Non-financial companies accounted for nearly 90 per cent of the FDI equity at face value

Oct 12, 2024

‘Motilal Oswal Digital India Fund’ Launched

The NFO closes on 25th October 2024

Oct 11, 2024

MF SIP Contribution At All-Time High Of Rs245 Bn

Highlights AMFI Mutual Fund Industry Monthly Data for September 2024

Oct 10, 2024

Insights From Brokerages, MFs On MPC Decisions

Global yields and central banks will continue to weigh on RBI, especially since our macro parameters are somewhere in the middle and do not merit immediate action.

Oct 09, 2024

EFSL's Rs2,000 Mn Public Issue Of NCDs Will Close On 19 Oct

Effective Yield of up to 11% per annum

Oct 08, 2024

ManipalCigna Insurance Launches Sarvah

It is the Complete Health Insurance Plan with Special Focus on Bharat’s Missing Middle

Oct 08, 2024

Mirae Asset Nifty Total Market Index Launched

The New Fund Offer (NFO) for Mirae Asset Nifty Total Market Return Index Fund will open for subscription on October 08, 2024 and close on October 22, 2024.

Oct 07, 2024

Kotak MNC Fund Launched

NFO opens on 07/10/2024; closes on 21/10/2024

Oct 07, 2024

Reliance Nippon Life Nishchit Pension Plan Launched

The New Deferred Annuity Plan will help Indians secure Guaranteed Income during their golden years

Oct 04, 2024

MOPW Ropes In Akash Hariani As Joint MD

Akash will be responsible to drive strategic growth for the MOPW business

Oct 03, 2024

MOPW Ropes In Akash Hariani As Joint MD

Akash will be responsible to drive strategic growth for the MOPW business

Oct 03, 2024

Prime Securities Forays into Wealth Management |

Prime offers wide and diverse service offering that includes facilitating equity and debt capital, M&A advisory, QIPs, debt syndication, structured credit, restructurings & resolutions, rights issues, buybacks, open offers, delisting, etc.

Oct 03, 2024

GenAI, Data-Driven Decisioning Key Advantages For Business Leaders

New Experian report conducted by Forrester Consulting surveys over 1200 senior decision-makers and leaders across EMEA and APAC

Oct 03, 2024

>50% Of New Investors Come From Smaller Cities

The mutual fund industry has added 2.3 Cr investors (folios) from April till Aug 2024 out of which more than 50% of them come from smaller cities

Oct 03, 2024

“India's Current Account Deficit Likely To Average 1.1-1.2% Of GDP In FY2025"

ICRA expects the fiscal deficit to print in line or trail the FY2025 RBE of Rs. 16.1 trillion or 4.9% of GDP, at the current juncture.

Oct 01, 2024

80% Of Indians Experience At Least 1 Symptom Of Stress

78% of Indians aware of health problems linked to heart ailments

Sep 30, 2024

ABHI-Policybazaar Partner To Launch Health Booster Maternity Cover Rider

With a Fixed Benefit Cover of INR 50,000, this Health Booster rider combines comprehensive coverage with affordability, marking a significant leap forward in maternity insurance.

Sep 28, 2024

67 Cr Ayushman Bharat Health Accounts Created

Over 1.3 lakh facilities are ABDM-enabled, including more than 17,000 private facilities

Sep 28, 2024

PL AMC Launches AQUA Dollar Fund

India’s pioneering quantamental, style agnostic and adaptive multifactor strategy now available for global investors

Sep 26, 2024

Gen Z, Millennials Drive 85% of Insurance Sales

Turtlemint Reveals Partner Demographics: Younger Generations Lead the Charge in Transforming the Insurance Landscape

Sep 25, 2024

‘SBIG Health Super Top-Up’ Policy Launched

The super top up policy can be added to any company’s base policy

Sep 25, 2024

BSE TECk Shows Resurgence With 25.3% Returns In CY

BSE TECk improved in Year 2023, continued Momentum in Year 2024: Motilal Oswal AMC Study

Sep 24, 2024

For ARCs, Rising Power Consumption To Boost Recoveries From Thermal Plants

Strategic buyouts under IBC to drive resolution of 5 GW stressed capacity

Sep 23, 2024

WhiteOak Capital Digital Bharat Fund Launched

The NFO closes on 4th October 2024

Sep 22, 2024

LIC Organized Conference Of Its CEOs & Heads Of Foreign Units

LIC of India is exploring opportunities to kick start operations at GIFT city by leveraging various advantages

Sep 21, 2024

Indian Economy In A Goldilocks Phase: MOPW

Key triggers are GDP growth at 7%

Sep 20, 2024

India Set To Be 3rd Largest Economy By 2030-31

The S&P Global India Research Chapter’s inaugural study finds: India has emerged as the fastest-growing large economy at an 8.2% growth rate in FY 2024

Sep 19, 2024

MediBuddy Offers Digital Wellness Cards

India’s digital healthcare platform introduces MediBuddy Shield and MediBuddy Shield Plus Wellness Cards

Sep 19, 2024

Kotak NIFTY Midcap 150 Momentum 50 Index Fund Launched

NFO opens on 19/09/2024; closes on 03/10/2024

Sep 19, 2024

SBI General Insurance Partners With BLS E-Services

The Partnership is to Expand Reach and Streamline Access to Insurance Across India

Sep 19, 2024

HDFC Nifty LargeMidcap 250 Index Fund Launched

NFO Period September 20, 2024 – October 4, 2024; The passively managed fund tracks the Nifty LargeMidcap 250 Total Returns Index, offering investors balanced exposure to both large and mid-sized companies through a single investment.

Sep 19, 2024

Experts' Views On Fed Cut

Ervin Tu, Prosus Group President & Chief Investment Officer: “With cheaper access to capital, start-ups will be encouraged to invest in themselves for long-term growth and capital providers will be more prepared to take risk.”

Sep 19, 2024

Thematic/Sectoral Funds Have Seen 7-Fold Surge In AUM In 5 Years

There are 120 thematic funds and 65 sectoral funds in all at present. The compound annualized returns on thematic funds are 46.06 per cent for 1-year, 21.29 per cent for 3-years, 24.07 per cent for 5-years and 16.85 per cent for 7-years

Sep 18, 2024

Infosys Partners With LIC To Quicken Digi Transformation

To revolutionize LIC’s operations with a state-of-the art NextGen Digital Platform, focusing on omnichannel experiences and data-driven hyper-personalization for LIC’s customers, agents and employees

Sep 16, 2024

SBI MF Launches SBI Nifty 500 Index Fund

The new fund offer (NFO) opens on Tuesday, September 17, 2024, and closes on Tuesday, September 24, 2024

Sep 16, 2024

Equity Inflows Moderate

Equity AUM continues to scale new highs: Motilal Oswal’s Fund Folio Report; INR235.5b Amount garnered through SIPs at a new high

Sep 13, 2024

"Reduce GST On Health Insurance Premiums To 12%"

Despite recent government measures, retail health insurance penetration in India remains below 4%, with affordability being a significant barrier: Mayank Bathwal, CEO, Aditya Birla Health Insurance

Sep 13, 2024

Star Health-Policybazaar Launch Super Star

It Is A Modular Long-term Health Insurance Plan

Sep 12, 2024

Experts’ Insights On The AMFI Aug’24 Data

Over 5 crore unique folios indicate the growing penetration of mutual funds while 20 crore investor folios indicate the increase in wallet share and preference for mutual funds as a saving vehicle and tool for wealth creation

Sep 11, 2024

SIP AUM Highest Ever At Rs13,38,944 Cr For Aug24

Mutual Fund Industry’s Net AUM stands at Rs 66,70,305.14 crores for the month of August 2024. AUM for the month of July 2024 was Rs 64,96,653.14 crores

Sep 10, 2024

Decadal-low Duty To Push Gold Jewellery Retailers’ Revenues Up By 22-25%

Price drop to clip 40-60 bps off profitability despite reduced working capital; credit profiles stable

Sep 10, 2024

Magma HDI Strengthens Car Insurance With 2 Add-Ons

Magma HDI has introduced two new add-ons for its private car customers Zero Excess Add-On and Car Spa Add-On.

Sep 09, 2024

Bajaj Finserv Flexi Cap Fund Crosses Rs35 Bn AUM

Bajaj Finserv Flexi Cap Fund celebrates its first anniversary; Overall, AUM of Bajaj Finserv Mutual Fund crosses Rs17000 cr

Sep 06, 2024

Bajaj Finserv Flexi Cap Fund Crosses Rs35 Bn AUM

Bajaj Finserv Flexi Cap Fund celebrates its first anniversary; Overall, AUM of Bajaj Finserv Mutual Fund crosses Rs17000 cr

Sep 06, 2024

Max Life's Bancassurance Partnership With CSB Bank

Partners Is To Offer A Comprehensive Range Of Life Insurance Solutions

Sep 06, 2024

Motilal Oswal Nifty 500 Momentum 50 Index Fund Unveiled

The NFO opens on 04 September, 2024 and closes on 18 September, 2024

Sep 04, 2024

Star Health Launches India's 1st Policy In Braille

Star Health has also launched a diversity and financial inclusivity drive to economically empower the 34 million diaspora of visually impaired/blind individuals in India with income generation opportunities; The insurer launches industry-first Braille version of Special Care Gold, offering comprehensive protection tailored for individuals with 40% or more disability

Sep 04, 2024

Proportion Of NBFC Exposure To Aggregate Credit Has Reduced

MF Exposure to NBFCs Nearing July 2018 level: Trend in Exposure of MFs and Banks to NBFCs June 2024

Sep 04, 2024

Kotak GI Rebrands to Zurich Kotak General Insurance

Following a majority stake acquisition by Zurich Insurance Group, the new brand brings together the identities of Zurich & Kotak

Sep 03, 2024

Invesco India Technology Fund Launched

The New Fund Offer (NFO) is open for subscription starting today, 3rd September 2024, and will close on 17th September 2024

Sep 03, 2024

Aditya Birla SLI Unveils A-Nishchit Index 2024

88% of Indians anticipate high financial uncertainty over the next five years

Sep 03, 2024

LIC Celebrates Its 68th Anniversary

Since its founding in 1956 with Rs. 5 Crore, the LIC has evolved with an asset base of Rs. 52.85 Lakh Crore and a Life fund of Rs. 44.31 Lakh Crore.

Sep 02, 2024

Kotak Nifty India Tourism Index Fund Launched

NFO opens on 2-September-2024; closes on 16-September-2024

Sep 02, 2024

HDB Financial Services Launches NPCI's e-KYC Setu System

Revolutionizing Customer Onboarding with a Faster, More Convenient, and Secure Digital Experience

Sep 01, 2024

FGII Offers GenAI Enabled WhatsApp Chatbot LEO

LEO’s advanced knowledge base will help deliver accurate and conversational responses to all service inquiries, making information easily accessible

Aug 29, 2024

‘WhiteOak Capital Arbitrage Fund’ Launched

The NFO opened from 28th August to 3rd September 2024

Aug 29, 2024

Motilal Oswal AMC Crosses Rs1 Triilion AUM

The AMC now has 46 lakh active folios across all products

Aug 28, 2024

IndiaFirst Life Expands Presence With New Branch In GIFT City

IndiaFirst Life Becomes the First Indian Life Insurer to Commence Operations in GIFT City

Aug 28, 2024

InsurancePadosi Raises $500K Led By Antler

InsurancePadosi offers innovative solutions that simplify the complex insurance landscape for customers looking to buy insurance

Aug 27, 2024

Average SIP Amount Has Been Stable Over Few Years

SIPs gaining preference as mode of mutual funds investments by retail investors: Zerodha Fund House

Aug 27, 2024

Assets Of Private ARCs To Shrink 7-10% This Fiscal

Acquisitions to slow down while redemptions remain healthy

Aug 26, 2024

Kotak Securities' Tez For Next-Gen Investors

A Kotak Neo Ad Campaign Unveiled

Aug 23, 2024

Axis Mutual Fund Launches Axis Consumption Fund

The New Fund Offer (NFO), benchmarked against the NIFTY India Consumption TRI, will open for subscription from 23rd August to 6th September 2024

Aug 22, 2024

Magma HDI GI's First Claim Via NHCX Portal Processed

The NHCX portal facilitates seamless and real-time information exchange between all key stakeholders in the claim process, including the healthcare provider, insurer, patient beneficiary, government

Aug 21, 2024

SBI General Insurance Strengthens Leadership Team

Monish Uprit joins as Regional Head – West 2 and Preet Deep Singh joins as Regional Head – North 1

Aug 20, 2024

Motilal Oswal Unleashes Raksha Bandhan Aspiration

Motilal Oswal unleashes a Raksha Bandhan aspiration that keeps growing with the sister

Aug 19, 2024

Innovative Tool Bondcase For Retail Investors Launched

IndiaBonds.com has announced the launch of BondCase, a tool designed for retail investors to create and invest in customized bond baskets in just a few clicks

Aug 19, 2024

SBI Life Insurance Partners With Paralympic Committee

SBI Life Is Gold Sponsor for the Paris 2024 Paralympic Games

Aug 17, 2024

HDFC MF Launches ‘SIP Saheli – A Masterclass’

It is an Investor Education Initiative to Empower Women Financially

Aug 16, 2024

Rabi Crop Production May Get Impacted

The probability of La Nina and rainfall patterns in Aug-Sep will give further clarity

Aug 16, 2024

Revised Deposit Norms Unlikely To Be Onerous For HFCs

The reliance on public deposits is limited for HFCs, with only 12 out of 94 HFCs2 having a deposit-taking license. Total public deposits held by deposit-taking HFCs is estimated at Rs 25,000 crore

Aug 14, 2024

ICICI Lombard's Reach Grows With Bancassurance Partners

Customers across partner branches benefit from affordable insurance solutions

Aug 14, 2024

LIC’s NBP For July Up 20% To Rs184.31 Bn

The Insurance giant had collected Rs15,387 crore new business premium for the month of July 2023

Aug 12, 2024

External Comments Attempt To Create Trust Deficit In Market Ecosystem: AMFI

Recent external comments attempt to undermine SEBI Chairperson Madhabi Buch’s contribution to Indian capital market: AMFI

Aug 11, 2024

Quotes Of Leading MF Houses & Rating Agencies On AMFI Numbers

The growing optimism is partially backed by robust flows coming in from the domestic mutual fund industry inspite of choppy foreign fund flows over the past 12 months

Aug 10, 2024

SIP AUM Is Highest Ever At Rs13,09,385 Cr For July

Mutual Fund Folios are at all-time high at 19,84,06,294 in July 2024

Aug 09, 2024

Aditya Birla Sun Life Nifty India Defence Index Fund Launched

The NFO will be open for subscription from 9th August 2024 to 23rd August 2024

Aug 09, 2024

LIC's Q1 PAT Up By 9.61% To Rs104.61 Bn

Solvency Ratio increased to 1.99 from 1.89

Aug 08, 2024

Food Inflation Cannot Be Ignored In India

Based on the level of neutral rate, the current level of policy rate is just right: Namrata Mittal, Chief Economist, SBI Mutual Fund

Aug 08, 2024

Chola MS and Mahindra Finance Join Hands

Through this partnership Mahindra Finance aims to offer comprehensive financial solutions to its customers

Aug 08, 2024

ICICI Prudential LI’s AUM Crosses Rs3 Trillion

Number of lives covered grows 59% to 9.84 crore lives

Aug 07, 2024

LIC Launches New Plans

LIC of India is launching new Plans for providing Term insurance and safety net against loan repayments, both available offline and online

Aug 07, 2024

SBI General Insurance's GDP Up 32%

This growth rate significantly outperforms the industry average for the same period, underscoring SBI General's strong market position and growth trajectory.

Aug 07, 2024

AMFI Will Felicitate Mutual Fund Intermediaries

AMFI announces Industry-level Recognition Program for Registered Investment Advisors for their contribution towards the growth of the Indian Mutual Funds Industry

Aug 06, 2024

Shriram GI's Q1 Net Profit Up 17% to Rs1.14 Bn

Gross Premium of the insurer up 31% in Q1FY25

Aug 06, 2024

Motilal Oswal AMC Launches Business Cycle Fund

The NFO opens from 7th August 2024 and closes on 21st August 2024

Aug 06, 2024

SBI GI- HSBC India Partner For Bancassurance

Under this partnership, HSBC India will offer the entire suite of SBI General Insurance’s non-life insurance products including health, property, motor and travel to its customers

Aug 05, 2024

ICICI Lombard's 'Smart Saver Plus' For Motor Insurance

An Industry-First Offering

Aug 05, 2024

TATA AIG Now Provides Political Risk Insurance

The insurer offers political risk insurance as an essential risk management tool for businesses navigating the challenges posed by current global geopolitical events

Aug 05, 2024

Ageas Federal Life Insurance Partners With PhonePe

The partnership will ensuring swift, seamless and hassle-free policy purchase across India

Aug 05, 2024

LIC Gives Relaxations For Victims Of Wayanad Disaster

Entire LIC family of employees & agents share the grief of lives lost and stand firmly with the family members of the victims.

Aug 02, 2024

HDFC Nifty500 Multicap 50:25:25 Index Fund Launched

Investors may participate with a minimum investment of Rs100 during both the New Fund Offer (NFO) period and the continuous offer period; The New Fund Offering (NFO) opens on August 6th and closes on August 20th, 2024

Aug 02, 2024

Navi Finserv's Securitization Deal With J.P. Morgan

The deal Of $38 Mn is J.P. Morgan’s first pass-through certificate transaction with an NBFC digital lender in the personal loans space

Jul 31, 2024

Star Health Insurance's GWP Grows 18% To Rs34.76 Bn

The company’s Profit After Tax (PAT) stood at Rs319 crore, marking a 11% year-over-year growth.

Jul 31, 2024

Retail Investors Drive 12x Growth In Index Funds Folios

“Retail Investors Flock to Index Funds, Driving Growth in Folios in Less Than Four Years: : Zerodha Fund House

Jul 26, 2024

Bajaj Finserv Large Cap Fund Launched

Bajaj Finserv AMC's concentrated strategy with investment in select 25-30 stocks

Jul 25, 2024

Kotak Nifty Midcap 50 Index Fund Launched

NFO opens on 25-July-2024; closes on 8-August-2024

Jul 25, 2024

ABSLAMC Posts Highest Ever Quarterly Profit

ABSLAMC’s PAT Up By 28% Y/Y At Rs2.4 Bn; MF QAAUM at Rs 3,525 bn, up 19% Y-o-Y

Jul 24, 2024

Q1 NBP of SBI Life InsuranceRs70.33 Bn

Annualized Premium Equivalent (APE) stands at Rs3,637 crores with growth of 20%

Jul 24, 2024

Increase In Exemption Limit For LTCG Tax To Rs1.25 Lakhs Is A Welcome Change: Venkat

AMFI’s demand of change in definition of ‘Specified Mutual Funds’ under Section 50AA has been acceded to and will lead to rationalization in taxation for the funds affected hitherto

Jul 24, 2024

Real Estate Loses Out The Most: Listed Equity & Equity MFs Impacted

Unlisted debentures and unlisted bonds – they are of the nature of debt instruments and therefore any capital gains on them would be taxed at applicable rate, whether short-term or long-term

Jul 23, 2024

Revenue Of Brokerage Houses May Be Affected

Tax rates on capital market transactions: There could be an impact on market volume in the near-term

Jul 23, 2024

Incentives Or Modifications In Tax Slabs Likely

Key priorities include continuing capital spending to stimulate growth, ensuring prudent financial management, and creating jobs

Jul 22, 2024

LIC Has Given Highest Returns Of 74% In Last 1 Year

LIC has surpassed RIL by giving 64% returns to the investors despite being the most valued firm

Jul 19, 2024

ICICI Lombard's PAT Grows By 50%

The insurer's Premium Income rises by 20% to Rs7,688 crores

Jul 19, 2024

MFs’ AUM Can Surpass Rs100 Tn Mark In 3 Years: ICRA

Indian mutual fund industry has witnessed over five-fold growth in Assets under Management (AUM) in the last ten years

Jul 19, 2024

Tata AIA Among Top 10 Global Ranking With 2584 MDRT Qualified Advisors

Achieved the Highest number of Female MDRT Qualifiers in India and Ranked 7 Globally

Jul 18, 2024

Insurtech Plum Launches Perks

50+ Curated Healthcare and Wellness Benefits Brands Onboarded on the Platform

Jul 17, 2024

LIC Ties Up With IDFC First Bank For Bancassurance

The Agreement for tie-up under Corporate Agency Arrangement was signed on Monday

Jul 16, 2024

HDFC AMC’s Net Profit Increases 26% To Rs6,039 Mn

Total Live Accounts stood at 18.6 million as on June 30,2024. Unique customers as identified by PAN or PEKRN now stands at 10.7 million as on June 30,2024 compared to 46.9 million for the industry, a penetration of 23%.

Jul 15, 2024

Fastest Approval For Cashless Facility In 3.37 Minutes By Go Digit

Digit Insurance’s 10th Transparency Report showcases customer delight through lens of time

Jul 15, 2024

Equity AUM Scales New High Of Rs30 Trillion

Total equity value for the top 20 AMCs increased 8% MoM (+56.4% YoY) in Jun’24 vs. a 6.6% MoM rise (+25.1% YoY) for the Nifty 50

Jul 15, 2024

AMFI’s Set Of Proposals For Budget

The proposals are keeping in the interest of Investors, Distributors, Fund houses and all stakeholders

Jul 12, 2024

MF Debt Exposure To NBFCs > Rs2 Trillion For Second Month

MF Exposure to NBFCs’ Commercial Paper Remains 1 Trillion for 6th Straight Month

Jul 11, 2024

Bajaj Finserv Savings+ Empowers Retail Investors

Competitive RETURNS, Convenient LIQUIDITY, Customized INSIGHTS

Jul 11, 2024

Eton Solutions Launches AtlasFive For Family Offices

Eton Solutions Onboards Catamaran as its Launch Customer

Jul 10, 2024

Debt MFs Saw Surge In Outflows At Rs1.07 Trillion

On a month-on-month basis, the net AUM increased by nearly 4 percent (3.82 percent) from Rs 58.91 lakh crore in May 2024

Jul 10, 2024

MF Folios Are All-Time High At 19,10,47,118 In June'24

Mutual Fund Industry’s Net AUM stands at Rs61,15,581.92 crores for the month of June 2024.

Jul 09, 2024

Shriram AMC Lists LIQUIDSHRI ETF

The fund aims to provide a stable, liquid and easy cash management solution with relatively low interest rate risk and low credit risk.

Jul 09, 2024

Edelweiss Business Cycle Fund Launched

A factor-based approach to capture trends in business cycles

Jul 09, 2024

Sensex Is Trading Higher Today

Improvement in Kharif sowing bodes well for the inflation outlook

Jul 09, 2024

LIC's Q1 FY25 New Business Premium Rises 28%

According to data from the Life Insurance Council, LIC collected a new business premium of Rs 57,440.90 crore

Jul 08, 2024

Nifty Microcap 250 Surged 11.56% In June

The one-year change marked at 75.24%

Jul 08, 2024

EFSL’s Rs2,000 Mn Public Issue Of NCDs Opens

Effective annual interest yield on the NCDs ranges from 9.50% p.a. to 11.00% p.a.

Jul 08, 2024

Securitization Volume Pegged At Rs450 Bn: ICRA

Increase in participation by banks as originators likely to boost volumes in the coming quarters

Jul 08, 2024

ICICI Prudential Nifty Oil and Gas ETF Launched

Relatively low valuation and growing demand and consumption for Oil and Gas provides great opportunities for investment

Jul 05, 2024

India's First Defence Index Fund Raises Rs16.76 Bn

Units were allocated on 3rd July, and the scheme will reopen for further subscription and redemption from 9th July.

Jul 04, 2024

Ageas Federal LI's Golden Years Pension Plan

Guaranteed Loyalty Booster to boost investment

Jul 04, 2024

InsuranceDekho Insuring 21 Indians Every Minute

The insurtech has insured over 8 million customers so far

Jul 04, 2024

Powered with AI, ‘Elevate’ of ICICI Lombard Provides Personalized Plans

An Industry First Health Insurance Product

Jul 02, 2024

Niva Bupa Files For Rs30 Bn IPO

The IPO with a face value of Rs10 each is a mix of fresh issuance of Rs 800 crore and an offer for sale of up to Rs 2,200 crore by Promoter and Investor Selling Shareholders.

Jul 01, 2024

Rushabh Gandhi Takes Charge As MD & CEO of IndiaFirst Life

Rushabh has close to three decades of experience in the BFSI industry and a proven track record of driving growth, innovation, and digital transformation across national and international markets.

Jul 01, 2024

ICICI Lombard Unveils Surety Insurance Solution

Robust Risk Management Solution for Infrastructure Growth

Jun 28, 2024

Total Assets Of T30 Cities Rose 2.68% MoM

AAUM of the Indian mutual fund industry witnessed an annual growth of 36% and a monthly growth of 2.8%

Jun 28, 2024

Capex Revival To Boost Manufacturing Over The Next Decade

Share of manufacturing in GDP to rise from 14% in FY24 to 21% by FY34

Jun 26, 2024

Equirus Inducts Krishna Jha As Venture Partner For InnovateX Fund

With an illustrious career spanning over 25 years, Krishna brings unparalleled experience and expertise to Equirus, reinforcing our dedication to innovation and strategic growth.

Jun 25, 2024

IIOF Picks Up 5% Equity Stake In Vardhman Appliances

Vardhman is renowned as a premier manufacturer in the consumer appliances segment, with enduring products, and a loyal customer base pan India.

Jun 25, 2024

TATA AIG GI Issues Rs1 Bn Surety Bond In India

This milestone comes just two months after the company launched its Surety Insurance Bond offerings.

Jun 25, 2024

Muthoot Microfin Gets Corporate Agent License From IRDAI

This license strengthens Muthoot Microfin’s commitment to financial inclusion by providing insurance coverage that addresses the risks faced by the most vulnerable segments of society

Jun 25, 2024

Lemonn Launches IPO Feature On App

The app is designed to simplify the process of discovery and decision-making for new investors and experienced investors, offering easy access to investments in stocks and mutual funds

Jun 25, 2024

HDFC Top 100 Fund Gave CAGR Of 19% In 27 Years

The scheme was launched in October 1996, making it one of the longest running mutual fund schemes in India.

Jun 25, 2024

ETFs Constitute 13% Of MF Industry AUM

A study by Zerodha Fund House reveals that the substantial share of Rs6.95 lakh crore out of the total Rs53.40 lakh crore signifies a shift towards more investors choosing ETFs as a preferred mode of investment

Jun 24, 2024

HDFC NIFTY100 Low Volatility 30 Index Fund Launched

An open-ended scheme replicating/tracking NIFTY100 Low Volatility 30 Index (TRI)

Jun 24, 2024

Banking RoA To Dip 10-20 Bps

Continued deposit re-pricing at higher rates to compress net interest margin

Jun 20, 2024

Sahil Shah Appointed As CIO, Equirus

With an impressive career spanning over 17 years in the financial industry, Sahil Shah brings a wealth of expertise and a proven track record of success to Equirus.

Jun 20, 2024

Tata AIA Makes Highest Ever Bonus Payout Of Rs14.65 Bn

24% increase in bonus amount paid out in FY24 versus FY23

Jun 19, 2024

Tier 1 Cities, Age Group 31-45 Show Savings Rates At 72%

Decoding Desi savings: Moneyview Index Unveils Saving and Investment Habits of Modern India

Jun 19, 2024

Children’s MFs AUM Up By 142% In Last 5 Years

The Assets under Management (AUM) of children’s mutual funds surged to touch Rs20,081.35 crore in May 2024, up from Rs8,285.59 crore in May 2019

Jun 19, 2024

Investments In Key Infra Sectors Pegged At Rs15 Tn By Fiscal 2026

Investments in renewables, roads, realty to rise 38% over two fiscals

Jun 18, 2024

Gold Prices To Limit Jewellery Consumption Growth To 6-8%

Share of exchange of old gold jewellery pegged to rise by 400-600 bps in FY2025 amidst rising gold prices

Jun 18, 2024

Harish Narayanan Joins HDFC AMC As CMO & CDO

Mr. Narayanan brings over 17 years of experience across various sectors in multiple senior leadership roles.

Jun 17, 2024

India Inc. Braces For Revenue Uncertainties In Q1 FY2025

Operating profit margin for India Inc expected to remain steady at 15-18% in Q1 FY2025

Jun 17, 2024

Weights Of Technology, NBFCs, PSU Banks, Retail Moderated

FUND FOLIO (June 2024) report by Motilal Oswal Financial Services: Equity inflows accelerate amid volatilities, supported by higher NFOs ; The month saw notable changes in the sector and stock allocation of funds. On a MoM basis, the weights of Capital Goods, Automobiles, Telecom, Metals, Consumer Durables, Real Estate, and Infrastructure increased

Jun 13, 2024

Motilal Oswal Nifty India Defence Index Fund Launched

The Fund is an open-ended fund replicating/tracking the total returns of the Nifty India Defence Index

Jun 12, 2024

Pramerica Life Unveils Flexi Income Plan

It Enhances Financial Security for Indians

Jun 12, 2024

Kotak Alt Invests Rs14.45 Bn For Acquisition Of API Biz Of Viatris By Matrix Pharma

The Acquisition has been consummated by the Kotak Strategic Situations Fund II

Jun 11, 2024

LIC’s Growth Story Continues

Strong Premium Performance Across All Segments in May 2024

Jun 11, 2024

Interesting Perspectives On AMFI Data

MF inflows reveal strategic shift by investors towards higher growth opportunities

Jun 10, 2024

SIP Contribution At All-Time High Of Rs 209.04 Bn In May

Mutual Fund Industry’s Net AUM stands at Rs 58,91,160.48 crores for the month of May 2024

Jun 10, 2024

SIP Contribution At All-Time High Of Rs 209.04 Bn In May 2024

Mutual Fund Industry’s Net AUM stands at Rs 58,91,160.48 crores for the month of May 2024

Jun 10, 2024

SIP Contribution At All-Time High Of Rs 209.04 Bn In May 2024

Mutual Fund Industry’s Net AUM stands at Rs 58,91,160.48 crores for the month of May 2024

Jun 10, 2024

SIP Contribution At All-Time High Of Rs 209.04 Bn In May 2024

Mutual Fund Industry’s Net AUM stands at Rs 58,91,160.48 crores for the month of May 2024

Jun 10, 2024

ARCs To See 500-700 Bps Higher Recoveries From Residential Realty

IBC amendments specific to real estate projects to aid resolutions

Jun 10, 2024

Aditya Birla Sun Life Quant Fund Launched

The Fund is Powered By Tech, Guided By Wisdom

Jun 10, 2024

Viewpoints Of Experts From MFs, AMCs, Financial Services On RBI Policy

The system liquidity is expected to ease as the government resumes spending

Jun 07, 2024

HDFC MF Launches Campaign To Combat Climate Change

This year's initiative, titled Generation Restoration, is a long-term effort dedicated to fighting climate change and its devastating impacts

Jun 06, 2024

77% Indians Choose EVs For Sustainability

ICICI Lombard’s new study highlights how Electric Vehicles are driving the future Transforming Motor Insurance

Jun 05, 2024

Survey On Foreign Liabilities & Assets Of MFs & AMCs Launched

The survey results are disseminated in the public domain besides being used in compilation of India’s external sector statistics.

Jun 03, 2024

"IRDAI's Directive For Cashless Approval, Claim Settlement Achievable"

Delays arise from both insurer-related issues and hospital-related issues, such as hospitals not adhering to all insurance provider requirements

May 30, 2024

Policybazaar For Business' Premium Grows By 40%

The brand has a rapidly expanding client base exceeding 25,000, including industry giants such as Axis, Delhivery, Quess Corp, Info Edge, Cars24, Saxo Group, Manipal Cigna, Spinny, IGT, Mahindra DIE, Celebi, and JM Baxi.

May 30, 2024

Bogus Insurance Claims: 2 Accused Given Rigorous Imprisonment

Accused Satish Chander Wasoori, a claimant was sentenced to Rigorous Imprisonment (RI) of 5 years, while accused R N Tickoo, Investigator was sentenced to RI of 03 years

May 29, 2024

Bank Credit Growth To Stay Healthy, Slip 200 Bps To 14%

Retail segment to grow fastest, corporate to hold steady, MSME to slow on a high base

May 28, 2024

LIC's PAT At Rs406.76 Bn

Board recommends final dividend of Rs. 6/- Per Share, in addition to Rs. 4 interim dividend declared earlier

May 28, 2024

Zerodha Nifty 100 ETF, Zerodha Nifty Midcap 150 ETF Launched

The NFOs will be open from 27th May 2024 to 7th June 2024

May 27, 2024

Instant Loan Against Policy Is Possible With TATA AIA LI

Since the launch, the digital-first initiative has already processed over 500 requests and disbursed around Rs. 5.5 crores, streamlining liquidity-solutions for policyholders

May 27, 2024

If Asset Allocation Is Key, HDFC MF Makes It Easy: Munot

HDFC Multi-Asset Fund - Roadmap to Smart Asset Allocation

May 27, 2024

Bajaj Allianz Life's Claim Settlement Ratio Is 99.23%

Bajaj Allianz Life continues to deliver on its Customer First promise in FY24

May 27, 2024

ManipalCigna Health Insurance Celebrates 10 Years

The Company has grown exponentially since inception, with a 3.5x increase in Gross Written Premium (GWP) and a 2x rise in market share based on overall health insurance market over the last 5 years.

May 24, 2024

360 ONE Prime To Raise Up To Rs5 Bn

Public Issue of Secured, Rated, Listed, Redeemable, Non-Convertible Debentures

May 24, 2024

More Durable Improvement In Systemic Liquidity, Better Alignment Of Shorter End Rates

Prudent cash management exercise by the Govt/RBI

May 24, 2024

Shares Of Go Digit GI Closes At 12% Premium

Total Turnover (BSE+NSE) on Day 1 stood at Rs 1,660.02 crore

May 23, 2024

USD 13 Mn Invested In SAVE Group

Incofin India Progress Fund (IPF) and Maj Invest Financial Inclusion Fund III K/s Invest USD 13 million in SAVE Group

May 22, 2024

MOFSL Rebrands Malad Metro As Wealth Creation Station

Motilal Oswal Financial Services Deepens Local Ties

May 21, 2024

Record High Number Of Resolution Plans Approved Under IBC In FY2024: ICRA

Increase in average duration of the resolution process remains a worry

May 17, 2024

SBI General Unveils Bima Central: Seamless Servicing On Mobile App

A Revolutionary Step in Customer Experience

May 16, 2024

Medi Assist’s Q4 PAT Is Rs25 Cr

Market share of health insurance premiums (Group + Retail) is 19.6%, a growth of 186 bps y-o-y

May 15, 2024

Rushabh Gandhi To Be MD & CEO Of IndiaFirst Life Insurance

Rushabh Gandhi brings a wealth of experience at IndiaFirst Life in driving growth and profitability

May 15, 2024

Rushabh Gandhi To Be MD & CEO Of IndiaFirst Life

Rushabh Gandhi brings a wealth of experience at IndiaFirst Life in driving growth and profitability

May 15, 2024

Zerodha Nifty 1D Rate Liquid ETF Crosses Rs10 Bn AUM

The ETF primarily invests in TREPS (Treasury Bills Repurchase) traded on the CCIL (Clearing Corporation of India Ltd) platform.

May 14, 2024

Technology’s Weight Slipped To 3rd Spot In MF Allocation

Equity AUM Scales A New High Of Rs27 Tn; Fund Folio Report by Motilal Oswal Financial Services

May 14, 2024

Bajaj Allianz Life’s Profitable Growth Trend Picks Pace

IRNB surges by 21% in FY2024 vs. FY2023 making it the fastest growing life insurer (amongst top 10 private players)

May 13, 2024

Piramal Alternatives Invests Rs6 Bn In Annapurna Finance

The strategic investment will drive the company's AUM growth, support market expansion and reinforce its position as a leading player in the microfinance segment

May 13, 2024

Empowering Working Mothers: Term Insurance Crucial In Financial Planning

Mothers be it working professions or homemakers are the unsung heroes of many households

May 12, 2024

MFs’ Exposure To NBFCs Rises Faster Compared To That Of Bank Advances

The proportion of NBFC exposure in relation to aggregate credit has reduced from 9.7% in March 2023 to 9.4% in March 2024: CareEdge Ratings

May 10, 2024

Go Digit General Insurance’s IPO Opens On May 15

price band set at Rs258 to Rs272 per Equity Share

May 10, 2024

MF Folios Are All-Time High At 18,14,68,286 In April 2024

The SIP AUM is highest ever at Rs11,26,128.67 crores for the month of April 2024 compared to Rs10,71,665.63 crores for March 2024

May 09, 2024

Max Financial Services’ Revenue Up 48% To Rs466 Bn

Max Life New Sales Grew At 16% Against 8% Private Industry Growth

May 08, 2024

Indian Airlines To Carry Half Of Country's International Traffic By FY28

700 bps climb to be driven by fleet addition, new routes, direct flights to key destinations

May 07, 2024

ICICI Pru Platinum Launched

Fund Value-based distributor payouts to motivate long-term investment behavior by customers

May 06, 2024

Angel One: Among Top 3 Most Visible & Recalled Brands Of IPL 2024

The findings revealed that Angel One was among an average of 15 brands being recalled by viewers across all properties.

May 02, 2024

Motilal Oswal Flexicap Fund Celebrates A Decade of High Conviction Investing

Skin in the Game - Promoters have invested INR 1993 cr in Motilal Oswal Flexicap Fund, +20% of the total AUM INR 9660* crore of the fund.

May 02, 2024

SEBI Takes Steps To Curb Front-Running By MFs

AMCs to have an institutional mechanism for deterrence of potential market abuse including front-running; Association of Mutual Funds in India, in consultation with SEBI, shall specify detailed standards for such an institutional mechanism

Apr 30, 2024

ICRA Group Gets SEBI Registration For Its ESG Ratings Entity

This development positions the ICRA Group among the few Indian entities offering holistic risk-monitoring solutions, including ESG ratings and scores.

Apr 29, 2024

SBI Life’s Private Market leadership In NBP Grows 29% To Rs382 Bn

The company’s solvency ratio continues to remain robust at 1.96 as on March 31, 2024 as against the regulatory requirement of 1.50.

Apr 28, 2024

MOFS Reports Highest Ever PAT Of Rs.26 Bn

Motilal Oswal Financial Services Declared 3 Bonus Shares for 1 Fully Paid up Equity Share

Apr 26, 2024

Tata AIA's Social Media Campaign Encourages Gen Z To Vote

#VoteKarneKoTaiyaar; ‘Register to Vote’

Apr 26, 2024

CRISIL ESG Ratings & Analytics Gets SEBI Nod To Offer ESG Ratings

CRISIL Will use proprietary, India-specific framework to further the ESG agenda of all stakeholders

Apr 26, 2024

Edelweiss MF Launches ‘Nifty Alpha Low Volatility 30 Index Fund’

The New Fund Offer (NFO) is open for subscription from 26th April 2024 to 10th May 2024

Apr 26, 2024

PFPDL Will Distribute Products Of HDFC Life

HDFC Life and Peerless Financial Products Distribution Ltd. (PFPDL) enter into a Corporate Agency Tie-up

Apr 25, 2024

Prateek Agrawal Elevated As MD & CEO Of Motilal Oswal AMC

Leadership changes to Drive Growth Strategy: Akhil Chaturvedi elevated as Executive Director

Apr 25, 2024

Shifting Tides: Market Capitalizations, Sectoral Performance And Equity MF Inflows

Alpha Strategist April 2024 Report from Motilal Oswal Private Wealth

Apr 24, 2024

360 ONE WAM’s PAT Up 20% At Rs8 Bn

Annual Recurring Revenue (ARR) AUM at Rs 2,27,879 Crore - up 36.3% YoY

Apr 24, 2024

ICICI PLI Will Leverage Tech For Balancing Growth, Risk And Profitability: Anup

ICICI Prudential Life Insurance PAT grows to Rs8.52 bn in FY2024

Apr 24, 2024

HDFC Manufacturing Fund Launched

NFO Period – April 26, 2024 – May 10, 2024; Fund’s investment strategy emphasizes on a core portfolio comprising at least 80% investment in stocks representing diverse sectors under the Manufacturing theme.

Apr 22, 2024

HDFC AMC’s PAT Grows To Rs19,458 Mn Y/y

HDFC AMC has 11.3% market share in QAAUM of the mutual fund industry

Apr 20, 2024

Generali Group Will Focus On Insurance And Asset Management From June

This transformational change in structure is designed to further accelerate growth and address key business priorities for the insurance and asset management businesses more effectively, fully aligned with the ambitions of the Group strategic plan "LifeTime Partner 24: Driving Growth”

Apr 19, 2024

Amit Arora Is Equirus' COO & MD

His appointment reflects the company's focus on innovation, client-centricity, and long-term value creation.

Apr 19, 2024

HDFC Life's PAT Grew By 15%

Navigating well through sectoral changes with focus on increasing volumes, retail protection and making meaningful in roads into Bharat

Apr 18, 2024

ICICI Lombard’s PAT Grows 11% at Rs19.19 Bn

Gross Direct Premium Income (GDPI) of the Company stood at ? 247.76 billion in FY2024 compared to ? 210.25 billion in FY2023, a growth of 17.8%,

Apr 17, 2024

Angel One’s PAT Up 31% YoY

Ranked 2nd in India in incremental NSE Active Client base with 6.1 Million an increase of 42.7% YoY

Apr 17, 2024

Indian Markets Are At A Multi-Year Bull Cycle

The recovery in the consumer staples minus discretionary is weak and elusive at this point of time

Apr 17, 2024

Mutual Fund Assets Grew 35% Y/y

Individual investors played a pivotal role in driving the growth trajectory, particularly in equity, hybrid, and solution-oriented schemes, which collectively accounted for nearly 58% of industry assets and 80% of folio count by March 2024.

Apr 16, 2024

Equity AUM Jumps 4th Consecutive Year To Rs25.7 Tn

52% YoY Growth in Equity AUM; At INR53.4 Tn MF industry’s AUM declines 2.1% MoM: Motilal Oswal Fund Folio Report

Apr 15, 2024

IVCA Elects Committee To Guide Alternate Capital Ecosystem

Executive Committee is for a Two-Year Term

Apr 15, 2024

RBI Expected To Maintain Status Quo Till August 2024

The concerns around food inflation remain given the prediction of an intense summer over the next 2-3 months

Apr 15, 2024

Credit Risk Category Saw 12th Straight Month Of Outflows In MFs

Interestingly in March 2024, practically all debt categories excluding Long Duration funds, and Banking & PSU funds have witnessed outflows which could be attributed to strained liquidity

Apr 11, 2024

Certain Fund Houses Temporarily Halted Inflows Due To Concerns About Rich Valuations In Mid & Small-Caps: Akhil

Hybrid funds experienced an uptick in net inflows on a month-on-month basis

Apr 10, 2024

Karthick: Maintain A Balanced Outlook in MFs

Jonagadla: As market conditions evolve and with potential central bank policy adjustments on the horizon, the appeal of debt instruments may be revitalized

Apr 10, 2024

MFs Saw Record Asset Gain Of Rs14 Tn In FY24

Noteworthy is the continuous positive equity inflow for 37 months in a row

Apr 10, 2024

Bank of America Securities Buys Stake In TAC Security

Anchor investor NAV Capital VCC – NAV Capital Emerging Star Fund also adds more shares of TAC Security to its portfolio

Apr 10, 2024

ICICI Lombard Partners With Policybazaar

Access to 10 Million Customers through the Partnership

Apr 10, 2024

Gold, Growth, India’s Valuation, Return Dynamics

The extraordinary decline in loss making companies is a result of broad easing of financial conditions, high fiscal deficit led government spending and stable external situation for India coupled with resilient economic growth in India. If these factors continue to remain aligned, the long-term trend of higher corporate profitability will remain strong

Apr 08, 2024

Outlook For Fixed Income For FY25 Remains Favorable

Monetary Policy Review by HDFC AMC: For investors with a relatively longer investment horizon, it is a good time to increase allocation to longer duration funds in line with individual risk appetite

Apr 08, 2024

Core Sector, Manufacturing Sector Likely To Be Key Drivers Of Economy Over Medium Term

In the current fiscal, the estimated growth is likely to be over 7.0% in line with the NSO GDP growth estimates of 7.6% for FY24

Apr 06, 2024

Nifty Next 50 Rose By 60.39% In A Year

One-year growth of Nifty Smallcap 250 was 85.12% however March Month witnessed -4.24% change

Apr 05, 2024

Increase In Banks’ Participation Likely To Boost Securitisation In FY2025

ICRA Pegs Securitisation Volumes At Rs1.88 Trillion For FY2024

Apr 04, 2024

DSP S&P BSE Liquid Rate ETF Listed

It offers a convenient tool to park surplus cash with growth-based NAV.

Apr 03, 2024

INR Expected To Undergo A Mild Depreciation In FY25

An analysis of the CAD - Q3FY24

Apr 02, 2024

Social Media Sahi Hai: Edelweiss MF Campaign

Edelweiss Mutual Fund Celebrated Financial Freedom Day with Report Hailing The Role of Social Media influencing The Growth of Mutual Funds

Apr 01, 2024

Magma HDI General Insurance Signs MoU With Suryoday SFB

Magma HDI General Insurance has entered into a Corporate Agency Agreement to offer health insurance to Suryoday Bank’s Commercial Vehicle Loan customers

Apr 01, 2024

Credit Profiles Continue To Show Strength Amidst Strife

Performance of ICRA-Assigned Ratings in FY2024

Apr 01, 2024

Fiscal 2024 H2 Credit Ratio Elevated At 1.79 On Domestic Tailwinds

Credit quality outlook positive for fiscal 2025, geopolitical events bear watching

Apr 01, 2024

Bajaj Allianz Life Offers Instant Loan Against Policy In 24 Hours

No Credit Score Check, quick processing and assistance via the customer portal – Life Assist

Mar 29, 2024

Zerodha Fund House AuM Crosses Rs10 Bn Milestone, Rs5 Bn Added In 40 Days

Tweet from Vasanth Kamath, Founder and CEO, smallcase

Mar 28, 2024

Policyholder Can Access Policies Digitally Through eIA

This will enhance customer experience, and provides a centralized platform for managing all insurance policies seamlessly

Mar 28, 2024

Downstream Investments Shall Exclude Investments In Shares Of Debtor Company Of RE

Proposed deduction from capital shall take place equally from both Tier-1 and Tier-2 capital

Mar 27, 2024

Zoomcar Partners With ACKO Drive

This Strategic Partnership Will Provide Competitive Offers for Local Zoomcar Hosts to Purchase Additional Vehicles with Industry-Leading Financing Options

Mar 27, 2024

Monthly Increasing Trend In Gross Services Exports Appears To Be Structural

INR is expected to post a moderate weakness towards 84.5-85.0 levels by Mar-25

Mar 26, 2024

IRDAI Approves Insurance Electronic Marketplace To Establish DPI

Regulatory Revamp: A Paradigm Shift; The Authority approved eight principle-based consolidated regulations, following the comprehensive review of regulatory framework for insurance sector.

Mar 23, 2024

LIC Clarifies On Employee’s Role In Front Running Of A Client’s Trades

Yogesh Garg has been removed from the services of the Corporation consequent to his involvement in the front running

Mar 20, 2024

Retail Pools Display Stable Performance Across Various Asset Classes

Collection efficiencies and delinquencies remain healthy throughout H2 FY2024

Mar 20, 2024

Axis MF Deploys AI-Powered Learning Program For Employees

The AMC Collaborates with Enparadigm for an Experiential Program

Mar 19, 2024

TATA AIG Introduces ‘Travel Guard Plus'

A Comprehensive Travel Insurance Solution with Enhanced Features

Mar 18, 2024

17% Hike In LIC’s Wage Bill

This will benefit more than 1,10,000 LIC employees

Mar 16, 2024

Equity AUM Scales New High Of R25 Tn

Motilal Oswal Fund Folio Report: Pace of redemptions increased to INR354b (up 10.2% MoM)

Mar 14, 2024

64% Of Equity MFs Outperform Respective Benchmarks In Feb’24

PL Wealth Management study is based on the analysis of 277 open-ended equity diversified funds

Mar 14, 2024

Tata AIA Investment Plans: Versatile Spectrum Of Funds

The robust economic growth of India, despite global uncertainty, offers stability and attractive investment opportunities

Mar 13, 2024

Royal Sundaram GI Partners with Dvara KGFS

The insurer is to Offer Comprehensive General Insurance Solutions to Dvara KGFS, headquartered in Chennai

Mar 13, 2024

Fundalogical Ventures Invests In Indicold

Early growth stage focused fund announces maiden investment in cold chain company

Mar 13, 2024

Nifty 500 Tops Key Global Indices Peer Chart Over Last 10 Years: MOAMC

Nifty 500, India's broadest index, outperformed most of the world's leading indices except the Nasdaq 100 over the last 10 years, according to the study by Motilal Oswal Asset Management Co.

Mar 12, 2024

HDFC NIFTY Realty Index Fund Closes On March 21

An open-ended scheme replicating/tracking NIFTY Realty Index (TRI); NFO Period up to Mar 21, 2024

Mar 12, 2024

India Private Investment Cycle: Well Placed But Needs A Private Consumption Pick-up

Investment-related macro data is still quite moderate and investment outlook of manufacturing companies seem mixed

Mar 12, 2024

Share Of Women Folios, Assets In B-30 Cities Shows Prominent Growth

AMFI Celebrates Women's Day: Showcasing Remarkable Rise in Women's Participation in Mutual Funds

Mar 11, 2024

LIC's Group Premium Doubles, Total Premium Rises 67% For Feb 2024

In February 2024, LIC saw a notable rise in Group Yearly Renewable Premium and Individual Premium, experiencing an increase of 36.10% and 11.69% respectively

Mar 09, 2024

Largest Inflows Have Been In Liquid Fund Category

The Credit Risk category continued to witness 11th straight month of outflows

Mar 09, 2024

FGII Urges Women DontBeAPlus1

The insurer's campaign encourages them to break free from the traditional norm of being added as a secondary beneficiary and opt for comprehensive health insurance solutions suited to their needs

Mar 08, 2024

SIP Contribution At All-Time High Of Rs191.86 Bn In Feb 2024

AMFI Mutual Fund Industry Monthly Data for February 2024

Mar 08, 2024

Yes Securities Records Strong Growth In Women Investors

Maharashtra and Andhra Pradesh lead in women investor participation

Mar 08, 2024

Women Have An Average Of 12 Life Goals, Up From 5 In 2019

Bajaj Allianz Life Insurance's Life Goals Preparedness Survey 2023: Work-Life Balance, Fitness, Property Ownership & Financial Security amongst Top Life Goals for Women

Mar 08, 2024

Health Insurance Plans Too Generic To Merit Women’s Attention

75% of women believe that existing health insurance policies fall short of addressing women-specific needs; Future Generali India Insurance launched HEALTH POWHER – one of the most comprehensive policies to empower women and cater to their varied health needs

Mar 07, 2024

Homemakers to Entrepreneurs: Key insurance factors for Women

As more women take on diverse roles in both professional and personal spheres, understanding the nuances of purchasing life insurance becomes increasingly essential

Mar 07, 2024

Motilal Oswal Midcap Fund Celebrates 10yrs Of Launch

Generated AUM of Rs. 8,490 crores with 6.09 lakh unique investors from 185 cities

Mar 06, 2024

Go Digit General Insurance Gets Sebi Nod For IPO

The public issue is offered at a face value of Rs 10 each is a mix of fresh issue of equity shares worth up to Rs 1250 crore

Mar 05, 2024

Bandhan Long Duration Fund To Open On 5 March

The Fund is meant for investors seeking long-term debt investments with high-quality focus

Mar 04, 2024

There Are Pockets Of Opportunities, Which Appear Reasonable On PEG Basis: Chirag

SEBI is looking to ensure that during phases of market downturns and the resultant surge in outflows, the first set of investors shouldn't be at an advantage to leaving those staying invested with low liquidity

Mar 04, 2024

Investment Is Expected To Broaden, Supported By Public & Private Sectors

Despite concerns regarding fiscal consolidation, India's economic trajectory appears favorable, with contained deficits and declining inflation

Mar 01, 2024

ICICI Lombard Appoints Anand Singhi As Chief, Retail & Govt Biz

Singhi's appointment connotes a significant step towards fostering innovation and driving growth for ICICI Lombard

Mar 01, 2024

Canara HSBC LI Unveils Digital Campaign

It Spotlights iSelect Guaranteed Future Plus; "Fulfilling Financial Aspirations, Securing Milestones: Essence of the campaign"

Feb 29, 2024

43% of DPIIT-Recognised Startups Have At Least One Woman On BoD: Singh

Would love unicorns in agritech, energy transition, clean tech: Secretary, DPIIT

Feb 28, 2024

10.8 Tn In Commitments Reached, A 44% Increase Y/Y: Ananth

In terms of investments, it's about 35% foreign and 65% domestic. Actual investments are still heavily weighted towards domestic: Whole-Time Member of the SEBI

Feb 27, 2024

Equity Funds Witnessed A 28% Surge In Inflows: Mfs' AUM Reached Rs52.74 Tn

In Jan 2024, FII posted the highest outflows since Feb '23 at USD 3.1 billion. This was offset by USD 3.4 billion of DII investment

Feb 27, 2024

Bandhan Financial Holdings Acquires Aegon Life

Bandhan Financial Holdings Limited has completed its acquisition of Aegon Life Insurance Company Limited from Aegon India Holding B.V. and Bennett, Coleman & Company Limited

Feb 26, 2024

ACKO Provides Insurance For Removable Batteries In EVs

As per ACKO's EV report, 49% of EV owners believe battery replacement costs are a significant part of EV ownership

Feb 26, 2024

BALIC Clocks Highest Growth Amongst Top 10 Private Life Insurers

It records over 3X growth in IRNB when compared to industry's average; IRNB sees 24% growth with INR 3,996 Crores

Feb 23, 2024

ICICI Lombard Appoints Priya Deshmukh As Head, Health Products, Operations

She will also be responsible for the IL TakeCare App

Feb 21, 2024

GDP Growth To Moderate To 6% In Q3 FY2024: ICRA

ICRA has projected the year-on-year (YoY) growth of the GDP to moderate sequentially to 6.0% in Q3 FY2024 from 7.6% in Q2 FY2024.

Feb 21, 2024

HDFC Life International Offers Overseas Indian students US $ health plan

'Global Student Health Care' plan is designed for students who are presently pursuing higher education abroad or aspire to pursue higher international education

Feb 20, 2024

PolicyGPT Gets 1500 Inquiries A Week

India's leading insurtech platform, offering group health insurance and business insurance solutions, sees threefold adoption; with 68% of queries now being handled autonomously

Feb 20, 2024

Meenal Maheshwari Shah Is Angel One’s Group General Counsel

Meenal brings 14+ years of established leadership in the legal field

Feb 19, 2024

Quantum Multi Asset Allocation Fund Launched

The fund will be investing in a diversified portfolio of Equity, Debt and Gold Investment

Feb 19, 2024

Income Tax Dept refunded Rs21,740 Cr to LIC

The Corporation is pursuing for the balance with the Income Tax Department

Feb 17, 2024

New Plan ‘LIC’s Amritbaal’ Launched

Life Insurance Corporation of India’s new Plan 874 is specifically designed to have an adequate corpus to meet the higher education and other needs of the child

Feb 16, 2024

Zerodha Gold ETF Launched

The scheme opens for public subscription on February 16, 2024, and will close on February 21, 2024

Feb 16, 2024

70% Choose Health Insurance Beyond Tax Benefits

ICICI Lombard Study: Health Over Wealth

Feb 16, 2024

Net Equity Inflows Pick Up Underpinned By Lower Redemptions

Jan'24, FIIs posted the highest outflows of USD3.1b since Feb'23. Conversely, DIIs recorded the sixth consecutive month of inflows at USD3.2b

Feb 15, 2024

QLTEVF Is Mindful Of Valuations By Setting Pre-Defined Buy-Sell Limits: Ajit Dayal

Certainty in an Uncertain World

Feb 15, 2024

Lokmanya Multipurpose Coop Society Will Distribute Products Of HDFC Life

They enter into a Corporate Agency Tie-up

Feb 15, 2024

Virendra Bansal Is Now Managing Director & CEO of SBICAPS

Prior to this, he was the Country Head for the US Operations of SBI, which included its offices in New York, Chicago, Los Angeles, Sao Paulo and Washington DC

Feb 14, 2024

Baroda BNP Paribas Mutual Fund Launches Innovation Fund

Baroda BNP Paribas Innovation Fund aims to invest in disruptive and innovative enterprises An open-ended equity scheme investing in innovation theme

Feb 14, 2024

Angel One’s Clients Up 58.5% To 20.43 Mn

The brief company experienced a remarkable 17.3-fold year-on-year increase in Unique Mutual Fund SIPs registered

Feb 13, 2024

Kotak Technology Fund Launched

NFO opens on 12th Feb 2024 and closes on 26th Feb 2024

Feb 12, 2024

BALI’s Plankathon Sets Guinness Records: ISRO- Taapsee Pannu Led Fitness Initiative

Thousands pay tribute to the Indian Space Research Organisation (ISRO) by creating the Largest Online Video Album of holding the abdominal plank

Feb 11, 2024

LIC’s Q3 Net Profit Up 49% At Rs94.44 Bn

Board approved an interim dividend of Rs4 Per Share; Total Individual Business Premium for the 9 months period, ended December 31st 2023, increased to Rs2,09,719 crore

Feb 08, 2024

RBI MPC Likely To Maintain Status Quo Till Jun 2024

Growth may not be a worry for the central bank for the next 2-3 quarters given the resilience in the Indian economy

Feb 07, 2024

Nifty Microcap 250 Rose By 9.9% In Jan 2024: MOAMC

Nifty 50 declined by -0.03%, Nifty Smallcap 250 rose by 7.28%, Nifty Midcap 150 rose by 4.73%, Nifty Next 50 rose by 3.66%

Feb 06, 2024

Ravi Kumar Jha Appointed As LIC MF’s MD & CEO

Ravi Kumar Jha is eager to tackle the challenges and capitalize on opportunities to drive innovation, foster growth, and elevate LIC Mutual Fund to greater heights

Feb 06, 2024

Case For A Relook At Mid-Rated Bonds As Metrics Improve

Health of 'A' category rated companies similar to 'AA' category rated ones a few years back

Feb 06, 2024

New Unit Linked Plan LIC’s Index Plus Launched

Plan 873 is a Unit Linked, Regular Premium, Individual Life Insurance Plan which offers life insurance cover cum savings throughout the term of the policy

Feb 05, 2024

“Target For Fiscal Consolidation Has Been Slightly Ambitious”

With the expected moderation in GDP growth in the next few quarters, there is a likelihood of a more moderate tax revenue growth and the dependence on non-tax revenues like disinvestment will be clearly higher

Feb 03, 2024

Residential Solar: Govt Aims To Increase Penetration Of Distributed Renewable Platform

There has been no mention of ESG reporting and assessment, development of a transparent green taxonomy and importantly, the green bond market in India

Feb 03, 2024

Amrit Kal Will Indeed Mark A Golden Era For Our Youth

Union Budget demonstrates a clear commitment to stimulating economic growth through strategic investment in infrastructure

Feb 02, 2024

Indian Fuel Retailers’ Leverage to Rise After Near-Term Improvement

Fitch Ratings believes the OMCs' significantly improved profitability may have contributed to the government's recent decision to halve its budgeted equity support to the OMCs to INR150 billion from INR300 billion, and postpone it to FY25 from FY24

Feb 02, 2024

Godrej Agrovet, Apex Frozen Foods And Avanti Feeds Would Benefit From Budget

Companies that can benefit from the trend of Nano DAP are Paradeep Phosphates, Chambal Fertilizers & Chemicals, Nagarjuna Fertilizers & Chemicals, and Rashtriya Chemicals & Fertilizers (RCF): T Manish

Feb 01, 2024

Net Tax Revenues Likely To Exceed By Rs0.3 Tn

Core Sector Expansion Halved To A 14 Month Low

Feb 01, 2024

Increase Tax Deduction Limit In 80D For Health Insurance

GST rate cut from 18% to 5% on the health insurance premiums will be a huge respite especially for senior citizens who are struggling to meet the rising healthcare costs

Jan 31, 2024

HDFC Balanced Advantage Fund Gives 18% CAGR Over 30 Years

Over the course of three decades, an initial investment of Rs 1,00,000 at inception would have grown to Rs1.58 crore (158 times)

Jan 31, 2024

Risks To India’s Growth: Energy Imports, Quality Of Fiscal Spending, Tight liquidity conditions

Domestic resilience is expected to offset global headwinds

Jan 30, 2024

Make Retirement Planning More Attractive And Accessible

Create a more level playing field, fostering healthy competition within the insurance industry

Jan 30, 2024

Improve Tax Benefits To Enhance Insurance Coverage

No taxation for annuity plans will benefit both retirees and the industry

Jan 30, 2024

Indian Economy Likely To Witness A Moderation In Growth In FY25

Target A Large Quantum From Disinvestment Next FY

Jan 30, 2024

Zuno Integrates Its Health Insurance Platform With ABHA

Zuno General Insurance's policy management system now facilitates onboarding on the National Health Coverage Exchange (NHCX)

Jan 29, 2024

Debt Market: Case for Bonds in 2024

Indian fixed income managed to deliver healthy returns across all sectors in 2023

Jan 29, 2024

Angel One Hits 20 Mn Clients

The new-age fintech brand, consistently draws a growing number of younger clients, as it extends its reach beyond metros to Tier 2, 3 and beyond cities

Jan 25, 2024

Zerodha Nifty 1D Rate Liquid ETF Lists On NSE

Zerodha fund house on Wednesday 24 Jan, 2024

Jan 24, 2024

Bajaj Capital & WebEngage Partner For Positive CX

Within the new world order, elevated customer experience (CX) becomes an imperative

Jan 24, 2024

Indiafirst Life Appoints New CHRO, CRO

Sunder Natrajan Is Now Chief Human Resources Officer and Amrish Maheshwari Chief Risk Officer

Jan 23, 2024

Alwrite Adopts Moody’s RMS Location Intelligence API

The commercial insurance sector which waited for long to be revolutionised by fin-tech innovations now will be able to provide a quick quote procurement and placement procedure

Jan 23, 2024

AIBI Launches Standard Practice Manual for IPO Offer Documents

Manual Aims to Make Capital Formation More Robust and Faster

Jan 19, 2024

360 ONE WAM Announces Dividend Of Rs4.5 Per Share

It remains focused on expanding our domestic coverage in Tier 2 and 3 cities

Jan 19, 2024

India Inc Revenue Grows On-Year, But Loses Pace Sequentially

Of the 47 sectors CRISIL Market Intelligence and Analytics (MI&A) Research tracks, all but 13 recorded an on-year pick-up in revenue growth

Jan 16, 2024

WhiteOak Capital MF Launches 2 Thematic Fund Offers

Both the two funds by are open-ended equity schemes

Jan 16, 2024

ICICI Prudential Nifty50 Value 20 Index Fund launched

NFO opened on 15th Jan, 2024 and closes on 29th Jan, 2024

Jan 16, 2024

Highest Ever -2.5 Mn -Clients Added By Angel One In Q3

Angel One's PAT for the Quarter ended December 31, 2023 is Rs2,603 million vs Rs2,280 in Q3 '23, an increase of 14.17% YoY basis

Jan 16, 2024

Year-End Pick-Up In Exports; Trade Deficit Narrows

For FY24 and FY25, CAD expected at 1.4% and 1.5% of GDP

Jan 16, 2024

Motilal Oswal Large Cap Fund Launched

An open-ended equity scheme predominantly investing in large-cap stocks

Jan 15, 2024

50% Salaried Women Have Never Taken Loan: Study

47% of female Indian earners in metros take independent financial decisions: DBS Bank India and CRISIL survey

Jan 15, 2024

HDFC Life Delivers A Robust PAT Growth

The insurer drives Broad-based growth led by deeper presence across geographies and customer segments

Jan 12, 2024

Reimagining Insurance With Predictive Analytics

The insurance sector is witnessing several use cases for advanced data and analytics capabilities and predictive modeling-based applications

Jan 12, 2024

Disinformation Tops Global Risks 2024 as Environmental Threats Intensify

Two-thirds of global experts anticipate a multipolar or fragmented order to take shape over the next decade

Jan 10, 2024

Experian Appoints Manish Jain as MD, India

Experian will enhance its ability to provide market-leading solutions to its clients

Jan 10, 2024

Sectoral/Thematic Funds Category Saw Highest Inflows

The equity segment was aided by 6 new fund launches in December which garnered INR 6,321 crores

Jan 09, 2024

Zerodha Fund House Launches Growth Liquid ETF

The ETF primarily invests in TREPS (Treasury Bills Repurchase) traded on the CCIL (Clearing Corporation of India Ltd) platform

Jan 09, 2024

Large Cap Category Looks Set To Regain Momentum

The trends show that investors are adopting a proactive approach to wealth building, recognizing the enduring benefits of smart and disciplined investment practices

Jan 08, 2024

360 ONE Prime To Raise Up To Rs10 Bn Via Public Issue Of Secured, Redeemable, NCDs

Tranche I Issue opens on Thursday, January 11, 2024, and closes on Wednesday, January 24, 2024 with an option of Early Closure

Jan 08, 2024

Growth Assumed For H2 FY2024 Is Quite High

GoI's capex declined by 8.8% YoY during October-November 2023 after rising by 43.1% in H1 FY2024

Jan 06, 2024

Investment-led FY24 GDP growth estimated at 7.3%

For FY25, India's GDP growth is expected at 6.5%. There is a reason to remain positive on the capex-driven growth to sustain into next year, whereas rural recovery is expected to be slow

Jan 06, 2024

Securitisation volume up 20% to Rs 1.4 Tn

Regulatory changes, wider participation, and innovative structures to nudge further growth

Jan 05, 2024

TATA AIG Pledges: Complete Claims Pay-out

The campaign video, featuring brand ambassador Ranbir Kapoor and renowned filmmaker Rohit Shetty, is crafted to spotlight TATA AIG's holistic approach towards demystifying the claims process

Jan 04, 2024

How It Is In Insurer’s Interest To Pay Claims

R. Madhavan, who is known for his authenticity and intelligence, questions the profit-making model of insurance companies, ACKO in this case, echoing the common consumer sentiment that why would it be in the insurers' interest to settle claims

Jan 03, 2024

Zuno HealthPlus Policy unveiled

An Affordable & customisable Health Insurance plan

Jan 03, 2024

Economic Tailwinds Supportive for Many APAC Sector Outlooks

The peaking of the rate cycle will affect APAC developed market (DM) banking sectors more than those in EMs

Jan 03, 2024

HDFC MF opens 24 branches across India

These new branches will be opened at Angul, Coochbehar, Hazaribagh, Kharghar, Renukoot, Raebareilly, Balia, Muzaffarnagar, Firozabad, Chhindwara, Satna, Palanpur, Bardoli, Ratnagiri, Latur, Alappuzha, Thiruvalla, Vijaypura, Thoothukudi, Greater Noida, Solan, Dwarka, Sonepat and Sirsa

Jan 02, 2024

Signs of a moderate slowdown in H2F24

Sequential contraction in most indicators, however, seasonal post festive season

Jan 02, 2024

67% Companies Not Prepared To Face Even Top Risks

Empowering India Inc. - ICICI Lombard & IRM India Risk Index Report Elevates Risk Management; Close to one third of respondents, do not have any solution or any insurance to face identified top risks

Dec 29, 2023

RBI Approves 9.95% Stake Acquisition In RBL Bank

The approval has been granted with reference to the application made by I-Pru AMC and IPru Life to RBI

Dec 29, 2023

Grihum HFC Rating reaffirmed at 'CRISIL A1+

Company's healthy capitalisation level, pan-India presence, and access to a diversified funding mix at lower funding costs are the key rating drivers. Bank Debt and Non Convertible Debentures assigned 'CRISIL AA- / Stable'

Dec 28, 2023

Facial Analytics, AA Models To Lead To Customer-Focused Insurance Services

The IRDAI's expansion of the 'Use and File' scope has further empowered insurance companies to innovate, offering tailor-made products that cater to individual needs and preferences

Dec 28, 2023

Outlook Of Indian Banking Remains Positive: ICRA

Pressure on NIMs expected to continue, driven by rising deposit costs in FY2024 and thereafter by a likely cut in Repo rates

Dec 27, 2023

71% Respondents Want Loan Of Rs30K to Rs2 Lac

46% of those intending to take a loan have increased within the last two months, indicating dynamic financial planning

Dec 27, 2023

Services Exports Lower Q2 CAD; Capital Flows Weaken On FPI, FDI

"We continue to expect USD/INR to trade in the range 83-83.50 by March 2024"

Dec 27, 2023

Earnings for poultry companies improved in H1’24

Commodity inflation could disrupt the momentum in H2: ICRA

Dec 26, 2023

Nvest Is Winner Of Futurance

It is HDFC Life's platform for start-ups to provide innovative solutions

Dec 26, 2023

Indian Economy Seems To Be In Extended Goldilocks Period

Every US recession in the last 5 decades has been preceded by a yield curve inversion, or negative term spreads

Dec 25, 2023

Low Tea Prices, Wage Hikes To Shrink Margin For North Estates

Sector outlook revised to Negative: ICRA

Dec 22, 2023

Motilal Oswal AMC’s Small Cap Fund collects Rs13.50 Bn

Highest-ever Small-Cap NFO Collection in India; MOAMC receives investments from 50+ Indian cities for its active fund NFO launched after a gap of 4 years

Dec 21, 2023

HDFC Life & NKGSB UCB Form Corporate Tie-up

NGKSB customers will be able to avail a bouquet of traditional, term, pensions and annuity products of HDFC Life

Dec 21, 2023

Change In ICICI Prudential MF’s 28 ETF Symbols On BSE, NSE

The codes will now be a combination of the name of the fund and the suffix 'IETF'

Dec 21, 2023

Employer-sponsored health insurance costs can rise by 11%  

Digital transformation key to managing rising organisational healthcare costs

Dec 20, 2023

Sway: A Year In Macro And Bonds

It is much clearer in the Eurozone that growth is beginning to sway under pressure from an aggressive monetary tightening program.

Dec 20, 2023

There can Be negative impact on AIF industry: Punit

The RBI seeks to address regulatory concerns and enhance transparency in lending practices to prevent the masking of bad loans

Dec 20, 2023

Pramerica Life Insurance Is “AI/ML Market Disruptor of The Year”

Pramerica Life Insurance has been honoured with another prestigious awards "Moment of Truth (Claims Experience) - Life Insurance"

Dec 19, 2023

Ageas Federal LI Strengthens Partners with NKGSB Coop Bank

NKGSB Co-operative Bank today has 104 branches spread over the state of Maharashtra, Goa, Karnataka, Gujarat and Madhya Pradesh

Dec 19, 2023

Quick correction in deficit

India's merchandise trade deficit mean reverted in Nov-23 to USD 20.6 bn from a record level of USD 29.9 bn in Oct-23

Dec 18, 2023

Relief Measures undertaken by ICICI Lombard in Chennai

ICICI Lombard Mobilizes Task Force for Chennai's Flood Relief Efforts

Dec 16, 2023

HDFC Life’s HackInsure seeks GenAI solutions for Insurance

HDFC Life, in partnership with Amazon Web Services (AWS) recently conducted a GenAI themed Hackathon. Out of seventeen participating companies, six were shortlisted and three (Vitt AI, Lumiq and Raify)

Dec 15, 2023

U.S. Fed rate on hold, signal 75bps cuts in 2024

The Fed dot plot now points to 75bps in cuts in 2024 (from 50bps in September) and 100bps in 2025 (from 125bps)

Dec 14, 2023

Hockey-Stick Returns, Power Of Economic Profit

Reliance Industries, Lloyds Metals & Capri Global Biggest, Fastest & Most Consistent Wealth Creators; Motilal Oswal 28th Annual Wealth Creation Study 2023

Dec 14, 2023

Bajaj Allianz Life’s AUM Crosses Rs1 Tn

Achieved impressive growth in new business premium and market share

Dec 13, 2023

Canara HSBC LI launches Alpha Wealth

The plan empowers individuals to achieve ambitious life goals, providing a shield of life insurance

Dec 13, 2023

Hemen Bhatia Is Now CEO of Angel One’s AMC Biz

Hemen has played a pivotal role in the evolution of the ETF market in India and has facilitated the growth of passive fund management industry

Dec 13, 2023

ICICI Prudential LI & Ujjivan SFB Adopt Bancassurance Mode

Partnership will enable ICICI Prudential Life Insurance to serve the large and growing customer base of the bank

Dec 13, 2023

AUM At A New Peak; Equity Inflows Moderate

Motilal Oswal Fund Folio Report: INR22.3t-Equity AUM at a new peak; INR49t-MF industry's AUM up 5% MoM and INR170.7b-Amount garnered through SIPs

Dec 13, 2023

CPI: Rises amid food price shock; IIP: Mining and Mfg. fuel growth

US expected to start easing rates by cumulative 50bps in H2 2024

Dec 13, 2023

Outstanding Government Securities Up 7%

Vishal Goenka: The yields on government securities will remain range bound and RBI is likely close to end of rate hike cycle

Dec 12, 2023

‘HDFC Life Click 2 Achieve’ Launched

The plan gives unlimited combinations to enable a customer to achieve his dreams with the cushion of 'guaranteed returns'

Dec 12, 2023

ACKO Supports Chennai Amidst Floods

ACKO has witnessed an increase in total monthly claims with 1,000 claims reported from Chennai and Andhra Pradesh last week alone

Dec 11, 2023

Nainital Bank Will Offer Baroda BNP Paribas AMC’s Products

The partnership will enable Baroda BNP Paribas AMC to serve NBL's customer base covering all 5 states across its 169 branches

Dec 09, 2023

RBI concerned about lending excesses through NBFCs

Clearly, RBI is more optimistic on the domestic growth prospects

Dec 08, 2023

RBI Likely To Revise GDP Forecast By 25-30 Bps

The shortfall in agricultural output and uncertain weather conditions can also lead to potential upside risks to the headline inflation

Dec 07, 2023

Rate cut cycle likely to begin in H2FY25

The growth-inflation mix since the last policy meet in October does not call for a change in rates or stance

Dec 07, 2023

Further moderation in the PMI indices

Manufacturing sector relatively steady, slowdown in services evident

Dec 06, 2023

Pantomath Group Starts 10 Game-Changing Plans

Mahavir Lunawat, Co-Founder, Pantomath Group: At Pantomath, we progress with values and currently, we stand strong with 109 IPOs managed within a decade. Today, as one team, we have done 150 fundraising transactions and have expanded our investor network to over 1000 investors. We are proud to state that we have served over 600 clients across India from over 30 different industries

Dec 06, 2023

IT & Financial Services: The largest contributor to the S&P 500’s rise

Global Market Snapshot Nov 2023 by Motilal Oswal Asset Management Company

Dec 06, 2023

Moving Forward: Calibrating Bharat’s Digital Agenda

Chandrasekhar: Currently, we stand as the largest connected democracy in the world and indeed the largest connected bloc of people on the global Internet

Dec 05, 2023

ICICI Lombard's MaxProtect Provides Affordability and Extensive Coverage

Its newest addition to the bouquet of customer-centric product

Dec 05, 2023

Gopinath Natarajan is CEO of Geojit’s Portfolio & Managed Assets

Geojit Financial appoints Rahul Roy Chowdhury as CEO, Private Wealth Services

Dec 04, 2023

IRM India & HDFC AMC will enhance ERM & risk intelligence

Both organizations will work towards driving best practices in ERM across the industry

Dec 04, 2023

Motilal Oswal Small Cap Fund launched

MOAMC is launching an active fund after a gap of 7 years

Dec 04, 2023

Corporate bond market to more than double by FY 2030

Capex push, attractiveness of infrastructure sector, financialisation of savings key drivers

Dec 04, 2023

States’ Indebtedness To Remain High At 32% This Fiscal

To be sure, the 50-year interest-free loans for Rs 1.3 lakh crore from the centre to states will help meet part of the capital outlay and catalyse investments

Dec 04, 2023

States’ Indebtedness To Remain High At 32% This Fiscal

To be sure, the 50-year interest-free loans for Rs 1.3 lakh crore from the centre to states will help meet part of the capital outlay and catalyse investments

Dec 04, 2023

Core sector continues to show broad-based growth

Electricity, coal, cement and steel output trajectory driven by infrastructure sector

Dec 02, 2023

Healthcare Costs Impacting India Inc

The Annual Health and Benefits Survey 2023 conducted by Global Insurance Brokers (GLOBAL) presents interesting insights into the impact of surging healthcare expenses on Corporate India

Dec 01, 2023

FinEdge To Introduce Bionic Investing

Wealth tech company crosses 1000 crore of AUM, FinEdge Aims to onboard 1,00,000 clients by 2028

Dec 01, 2023

SBI Securities grows by strengthening sales engine, digital focus

SBI Securities' Client Base Soars by 39%

Dec 01, 2023

Shriram AMC Allots Equity Shares on Conversion of Securities for Mission1

Mission1 Investments LLC now holds 29,94,349 equity shares in Shriram AMC

Dec 01, 2023

LIC’s Jeevan Utsav is a Ltd Premium plan with Guaranteed Additions

This plan is available for age starting from 90 days to 65 years. It gives guaranteed Life Long income and Life Long Risk Cover

Nov 30, 2023

LIC’s Jeevan Utsav is a Ltd Premium plan with Guaranteed Additions

This plan is available for age starting from 90 days to 65 years. It gives guaranteed Life Long income and Life Long Risk Cover

Nov 30, 2023

WhiteOak Capital MF Launches NFO

'WhiteOak Capital Large & Mid Cap Fund' will be open from 1st December to 15th December 2023

Nov 29, 2023

Tata AIG Health Supercharge has 5X Coverage

Extra premium discount of 5% at the time of first inception as well as on renewals for younger families of age 40 years or below

Nov 28, 2023

DSP Asset Managers opens subsidiay’s office at GIFT City  

DSP Fund Managers IFSC will facilitate Indian investment solutions for global investors and global solutions for offshore and Indian investors

Nov 27, 2023

HDFC Life’s Guinness World Record For Largest Online Selfie Mosaic

19,097 photos clicked by individuals for its 'Insure India' Campaign

Nov 27, 2023

Union Children's Fund Launched

Opens for subscription on November 28, 2023 and closes on December 12, 2023

Nov 27, 2023

O/S GSEC market up by 7% at Rs161 tn

The yields on government securities will remain range bound and RBI is likely close to end of rate hike cycle : Vishal Goenka, IndiaBonds.com

Nov 27, 2023

Pramerica Life RockSolid Future Plan offers Guaranteed Returns

Flexible payout options between Lumpsum or Income benefits, catering to individual financial preferences

Nov 22, 2023

Zuno General Insurance’s EV Add-On Cover

the EV Add-On Cover includes three essential components to ensure EV owners have a robust and tailored insurance coverage

Nov 22, 2023

NBFCs’assets likely to grow 14-17% next fiscal

Going forward, diversification in product offerings and funding profile will be key constituents of their growth strategy

Nov 22, 2023

MediBuddy & ABHFC’s Healthcare Plan for Housing Finance Customers

MediBuddy will provide exclusive healthcare services at a remarkably low cost of INR 299, which includes INR 1000 worth of benefits in OPD, Lab Tests, and Health Packages. MediBuddy plan will be offered to all ABHFL customers through their portal

Nov 22, 2023

Moderation in economic activity likely

Festival fever drives AMEP to a peak in Oct-23

Nov 22, 2023

Satheesh Krishnamurthy is CEO, HNI Biz At 360 ONE Wealth

Satheesh will drive strategic growth in this role, building the brand, distribution footprint, product stack, platform and overall success in this client segment

Nov 21, 2023

Falling module price to spur record solar addition this fiscal

45 GW of solar project pipeline to see improvement in returns' profile

Nov 21, 2023

MOAMC Focuses On ‘High Quality, High Growth’ Portfolios

Skin in the Game continues – Promoters and fund management team's investments across its own Mutual Funds, PMSs and AIFs, touching Rs50 Bn

Nov 21, 2023

HDFC Life to offer insurance to Karnataka Bank’s customers

By combining Karnataka Bank's century old banking experience and HDFC Life's expertise in providing quality life insurance products, this collaboration is set to deliver a host of benefits along with superior service to customers seeking financial security and life protection

Nov 20, 2023

DSP Banking & Financial Services Fund launcgd

Offers investors a timely option to invest in the structural growth opportunity

Nov 20, 2023

Disinvestments to remain elusive, yet again!

Rs510 bn for FY24 looks to be a stretch, given only Rs80 bn has been garnered till date

Nov 20, 2023

Lending Rate For Borrowers Will Increase

NBFC growth to some extent could be affected and could drive demand for securitisation and co-lending; Sudden withdrawal of banks and NBFCs from the consumer loan market may also enhance delinquency risks in this category

Nov 17, 2023

Strong Operating Cash Flows Will Support Credit Profiles Of Coal-Based Plants

Coal power plants seen thriving at 65% PLF despite RE surge

Nov 17, 2023

HDFC Life Wins Golden Peacock Award for Excellence in Corporate Governance

An Assessment Group comprising of Corporate Governance, Sustainability, ESG and Risk Management experts was set up to assess the applications

Nov 16, 2023

Star Health's Fully Digital, Customizable Insurance Product

The insurer empowers policyholders with 5 optional covers for enhanced protection

Nov 16, 2023

Vivriti Capital receives A+/Stable rating from CRISIL

CRISIL A+/Stable' rating has been assigned to Vivriti Capital's bank debt and its NCDs; 'CRISIL A1+' assigned to Commercial Paper

Nov 16, 2023

Sudden capital outflows are likely to encounter FX intervention

Core exports continue to face risks stemming from global growth slowdown and halt of key agri exports

Nov 16, 2023

Domestic investor flows reduced vulnerability from global outflows

While rise in SIPs is heartening, there is a large potential for mutual funds to increase their presence in the country with mutual fund investors still around 4 crore

Nov 16, 2023

Weights Of Banks, Tech, Capital Goods, Metals Moderated

weights of Automobiles, Utilities, Consumer, and Insurance increased: Motilal Oswal Financial Services

Nov 15, 2023

CPI: Comforting only on an annual basis

Sequential momentum has picked up across headline, food, fuel, and core inflation

Nov 14, 2023

Inflation: Comforting headline, Cautious outlook

Acuité Ratings & Research expects the headline inflation to average 5.6% in FY24 and remain in the band of 5.0%-5.5% in the second half of the fiscal

Nov 14, 2023

ICRA: WPI inflation prints to remain below 3%

Looking ahead, while global commodity prices, including crude oil continued to soften in the ongoing month, the uptrend in domestic prices of most food items as well as an unfavourable base is projected to lead to a turnaround in the WPI to a marginal 0.1% inflation in November 2023

Nov 14, 2023

World Diabetes Day: Know your risk, Know your response

Views of spokespersons of Tata AIG General Insurance and Future Generali India Insurance Company

Nov 14, 2023

ACKO Partners with R Madhavan as their ‘Voice of the Customer’

Madhavan’s role is To Simplify Complex Insurance Questions & Help Customers Make Informed Decisions

Nov 14, 2023

ACKO’s Insurance For Cricket Fans: The 100 Over Cover

This first of its kind product provides insurance cover for fans against any sort of personal injuries while watching the match - whether in the stadium or from the comforts of their homes

Nov 13, 2023

“40% of net flows could have gone to mid and small-cap stocks”

The long-term outlook for these companies is positive

Nov 10, 2023

ManipalCigna Health Insurance’s Ad films Illuminate Spirit of Diwali

The insurer urges viewers to consider the crucial role health insurance plays in safeguarding their family's financial well-being

Nov 10, 2023

Shriram Life Insurance’s new premium up 88%

The company sold 1,42,914 individual policies in the first half of the year

Nov 09, 2023

Private insurers’ resilience in biz growth despite taxation changes: ICRA

New business premium growth for private insurers estimated at a resilient 13-16% in FY2024

Nov 09, 2023

“SIPs account for a larger part of inflows and are more structural”

Hybrid funds continued to experience healthy net inflows on led by arbitrage funds and multi-asset funds

Nov 09, 2023

Private life insurers’ strong growth in retail APE

MAX Life surpasses HDFC Life as the fastest growing Life Insurer among peers

Nov 09, 2023

6 out of 7 InsureTech Unicorns focus on B2C

Launched at the sidelines of 'Future Forge 2023', the report highlights the tech integration in the insurance ecosystem

Nov 07, 2023

ME conflict: India Inc not in the crosshairs for now

Some sectors such as fertilisers and diamonds — both cut and polished — may see a slight, but manageable, impact

Nov 07, 2023

Bigul’s MF services for traders, retail investors

Leveraging the power of technology, data analytics, and innovation, Bigul aims to empower individual stock market traders and investors with access to technology and advanced tools

Nov 07, 2023

Net inflows of Rs51k Cr in MFs in Q2

Major net inflows seen in Arbitrage & Broad Based Equityfunds: MO AMC study

Nov 07, 2023

TATA AIG offers travel insurance to Air India passengers

TATA AIG to offer seamless travel insurance, allowing Air India passengers to purchase coverage during their flight booking process

Nov 07, 2023

Automotives to register moderate growth over near to medium term: ICRA

Aided by preference for personal mobility and stable semiconductor supplies, the passenger vehicle industry reached all-time high volumes in FY2023, and the demand sentiments are expected to remain healthy in the segment (6-9% YoY growth in FY2024).

Nov 06, 2023

Rishabh Pant advocates term insurance & savings

Indians across smaller cities are predominantly 'savers', with 58% saving regularly and 27% saving occasionally

Nov 06, 2023

TEC- IIITD’s MoU for responsible AI systems

A pivotal aspect of Responsible AI is ensuring unbiased and fair AI/ML systems

Nov 04, 2023

PMI indices start to descend from high levels

Signs of a moderation in economic activity in H2FY24

Nov 04, 2023

Is the G3 done with rate hikes?

Like the G3 central banks, the RBI MPC is likely to opt for a prolonged hold

Nov 03, 2023

IRDAI directs CIS in health insurance empowering policyholders

The Customer Information Sheet is designed to provide policyholders all important information about their health insurance policy in simple language in a snapshot

Nov 03, 2023

360 ONE WAM: Moving from consolidation to growth

Its Q2 PAT up 7.3% YoY

Nov 02, 2023

FOMC: Another policy rate hike remains an option

The Fed reiterated that it would continue to reduce its balance sheet

Nov 02, 2023

Baroda BNP Paribas MF’s NFO collects Rs11 Bn

Another Successful NFO from Baroda BNP Paribas MF

Nov 02, 2023

Shift In Savings Curve? Macro and Bond Implications

The monthly services trade surplus has been steadily rising

Nov 02, 2023

Retail credit growth continues, while delinquencies remain stable

Borrower profile and preferences are changing – more consumers seeking multiple credit products within short time span

Nov 02, 2023

TCHF II eyes healthtech, pharma

Over the last year, health beneficiaries both direct and indirect totalled 9 million+ for the fund's portfolio universe

Nov 02, 2023

Lower transaction cost will increase investor’s returns: Lunawat

It is expected that the SEBI framework will be the basis for future regulation for direct listing

Nov 01, 2023

Indirect tax collections have underperformed due to lower excise duty collection

Capital expenditure achieved 49% of its target in H1FY24

Nov 01, 2023

Star Health’s 35% jump in Q2 PAT 

It registers a net profit of Rs125 cr for Q2FY24

Nov 01, 2023

GOI Fiscal Deficit up at Rs7 Tn

Gross tax collections expanded by a healthy 16% YoY in H1 FY2024

Oct 31, 2023

Road InvIT AUM to double next fiscal

Stable cash flows, adequate leverage will keep credit profiles strong

Oct 30, 2023

Rupee, bond yields expected to be at lower levels by the end 2023-24

Capital flows expected to normalize

Oct 27, 2023

ManipalCigna Insurance offers ‘Lifetime Health' and 'Prime Senior'

The insurer is committed to increase penetration of health insurance in Andhra Pradesh & Telangana markets

Oct 26, 2023

Plum launches ‘e-imburse’

Insurtech is building a 0-1 tech stack to reimagine digital-first insurance

Oct 26, 2023

On higher side, 19290-19350 seen as resistance zone

Market Outlook

Oct 26, 2023

Zerodha Fund house schemes have passive investment plan

Zerodha Nifty LargeMidcap 250 Index Fund and Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund

Oct 25, 2023

Choice Insurance Broking for Karnataka's livestock scheme

The contract value for this initiative stands at Rs17 Cr

Oct 25, 2023

Kotak Consumption Fund: Invest in resilient sectors

Nilesh Shah, Managing Director, KMAMC: It's about tapping into the shift from basic to smart

Oct 25, 2023

SBI Securities unveils Brand Film

It's first film 'Jey Thaat' (This is my proud moment) is talking about investing with confidence

Oct 25, 2023

We see more pain in the mid & small cap space: Manish

The double whammy of rising US bond yields and the ongoing conflict in the Middle East would limit the upside for markets

Oct 25, 2023

Akshaya Kashyap is FGII’s CPO

Our primary focus is on promoting our dedicated current team members: Anup

Oct 23, 2023

Sikkim Floods: ICICI Lombard GI’s digital mode for claims

The insurer's team is available 24*7 to provide facilitate a seamless claims settlement

Oct 23, 2023

Bandhan Nifty Alpha 50 Index Fund launched

The alpha factor-based fund opens for subscription on October 25, 2023

Oct 23, 2023

SIPs drive Equity AUM; Debt sees competition from FDs

There has been an unaddressed demand, which would resurface if and when the lumpsum investments are accepted again

Oct 23, 2023

ICRA to get D2K Technologies to up analytics capabilities

D2K's CEO, VK Sudhakar stated that it will improve market reach, scale capacities, and enable the adoption of best practices in the business

Oct 23, 2023

Capital spending of 13 major states pegged at Rs6.2 Tn in FY2024: ICRA

ICRA projects the grants from the Centre to the states in FY2024 to decline sharply from the year ago

Oct 23, 2023

ICRA’s H1 PBT up by 17.6%

Ramnath Krishnan: ICRA analytics business continues to be one of the strong pillars for growth and diversification

Oct 21, 2023

Insurtech startup for commercial line ‘Alwrite’ raises Rs 10 crore in seed funding

The digital platform offers quote procurement & placement, underwriting & user management solutions to ease the process

Oct 18, 2023

DFS Secretary discusses plans to increase penetration with general insurers

Measures for the growth of general insurance sector

Oct 18, 2023

Consumer discretionary services vertical likely grew 13-15%

India Inc revenue growth picks up after four-quarter moderation

Oct 18, 2023

Homes in MMR are likely to expand by 9% in FY2024: ICRA 

MMR is the largest residential real estate market among the top seven cities in India

Oct 17, 2023

Tata AIA’s new brand theme Har Waqt Ke Liye Taiyaar

Lead a fikar-free life

Oct 17, 2023

45% growth in HDFC Life’s sum assured; retail protection APE up by 46%

There is healthy growth of 10% in number of its policies

Oct 17, 2023

Bajaj Allianz Life eTouch offers health management services

These services help in easy and quick access to medical consultation

Oct 17, 2023

Star Health insurance introduces Surrogacy Cover at no additional premium

This addition is a significant cover that addresses a growing need under Assisted Reproduction Treatment,

Oct 16, 2023

H1 securitization volume rises 35% to cross Rs1Trillion

Banks remain the dominant investors in securitization transactions, providing funding for NBFCs to fuel their retail credit growth

Oct 16, 2023

General insurance premium expected to surpass Rs3,91,216 crores by 2030

India Insurance Report- Transforming Indian Insurance- Series II by BIMTECH

Oct 16, 2023

Household net financial savings (HHNFS) collapsed to 5.1% of GDP in FY23, the lowest in 34 years

We have highlighted in several notes that with weak income growth, strong consumption and investments (real estate) could be supported iff HHNFS was much lower in FY23. Our forecast was 6% of GDP, and RBIs estimate says it was even lower.

Oct 16, 2023

Possibility of OMO-sales may pose short-term pressure on interest rates

The RBI maintained the status quo on policy rates and stance, aligning with the market expectations.

Oct 16, 2023

Wealth management biz poised for 15% CAGR over 5 years

Report by Motilal Oswal Financial Services on evolving landscape of wealth management ecosystem

Oct 16, 2023

General Insurance: Moderate growth, high competition

The non-life insurance industry growth was moderate at 15% in August 2023.

Mar 10, 2023

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