Malhotra Committee was set-up to recommend insurance sector reforms. Allow private sector entry in Life and General Business; permit entry of foreign players in partnership with Indian Companies and Gradual relaxation of investment norms. The increased growth in the Indian middle income group has ...
Moreover, it employs the Mann-Whitney U-test to scrutinise the difference between the public and the private insurers in terms of growth in productivity. Findings - The results reveal that the insurance sector possesses a very low level of TFP. Also, the results d...
A year of growth and innovation for Co-op Banking: NAFSCOB January 1, 2025 Govt, Regulator & NUCFDC join forces to drive UCB profitability December 31, 2024 HomeCategoryFrom States ICAR objects to allegations of irregular appointments; seeks public apology ...
Reckoned among the fastest growing industries, the life insurance industry of India has 23 license-holders running their business in this sector. The Life Insurance Corporation of India (LIC), which is the only player in the public sector, contributes over 70% to the business. The remaining ...
“Kotak Mahindra Bank”), India’s third largest private sector bank by market capitalization, through the proposed acquisition of a 51% stake inKotak Mahindra General Insurancefor $488 million, through a combination of fresh growth capital and share purchase (subject to regulatory approvals and ...
In advanced economies the growth in the primary and secondary sectors are directly dependent on the growth of services like banking, insurance, trade, commerce, entertainment etc. Indian Service Sector In alignment with the global trends, Indian service sector has witnessed a major boom and is one...
Life Insurance: Behavioral Analysis of Retail Investors During the post 1990 period, service sector in most of the Asian economies witnessed growth fueled by significant changes in their financial sector. India is now being ranked as one of the fastest growing economy of the world. During las.....
This study focuses on productivity analysis of Indian non-life insurance firms using Malmquist Total Factor Productivity (TFP) Index. The Malmquist TFP Index relies on the efficiencies calculated by the two models viz., CCR and BCC Models. It includes the exploration and comparison of Efficiency Ch...
SBI General Insurance's nine-month PAT surged 273% YoY to ₹504 crore, driven by strong motor and health segment growth, improved loss ratios, and a 10.9% rise in gross written premiums. 11.5 hours ago — Economic Times Share market update: Most active stocks of the day in terms of...
With its massive population and bustling economy, India is an engine of growth. On Jan. 22, 2024, its stock market capitalization surpassed Hong Kong’s for the first time. According to data compiled by Bloomberg, the value of shares listed on Indian exchanges reached $4.33 trillion, compared...