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GIC’s 10% stake would be sold by the government during the fiscal year 2025

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GIC(General insurance corporation of India): A senior official informed FE that the government is considering selling a stake of up to 10% in the state-run...
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Insurance

HDFC Life’s fourth-quarter results reveal a 13.7% year-on-year profit increase, surpassing expectations, reaching Rs 411.64 crore.

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HDFC Life's fourth-quarter results: Private sector insurer HDFC Life Insurance reported a fiscal fourth-quarter profit of Rs 411.64 crore on Thursday, marking a 13.7% increase...
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Insurance

IRDAI has included AYUSH treatment, starting from April 1, within the scope of health insurance coverage.

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IRDAI has included AYUSH treatment The latest move stems from the growing demand for Ayush treatments, because of which there is a growing need to...
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Insurance

Life insurance: life insurers are poised to encounter margin compression due to alterations in their product composition

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Insurance hustle Life insurers are anticipated to encounter margin strain during the final quarter of the fiscal year 2023-24 (Q4 FY24) as a result of...
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Insurance

LIC Housing Finance Limited faces a monetary penalty imposed by the RBI

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LIC Housing Finance The Reserve Bank of India (RBI) has, by an order dated March 27, 2024, imposed a monetary penalty of ₹49,70,000/- (Rupees Forty-Nine...
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HBAR Foundation invests in Fidelity International’s USD Money Market Fund, tokenized by Archax

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The HBAR Foundation today announces an investment in Archax's tokens representing Fidelity International's United States Dollar (USD) Money Market Fund (MMF) shares*. This investment follows the recent tokenization of...
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Bybit FX Insight: Yen carry trade outlook for 2025 and the future of the popular funding currency

Indo-Pacific PJdesk - 0
Bybit, the world's second-largest cryptocurrency exchange by trading volume, has released a new FX Insight report analyzing the evolving landscape of the Japanese yen...
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Bank47 expands to Huntsville with a new brand and concierge banking

USA PJdesk - 0
Bank47, formerly LifeSteps Bank and Trust, is proud to establish its headquarters in Huntsville, marking an exciting new chapter with a fresh brand and...
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Gracie Point announces close of successful capital raise to fund continued expansion

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Gracie Point Holdings, LLC ("Gracie Point"), a leading global provider of life insurance premium finance, announced today that it has closed on an equity...
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