One more point made — banks make 20% provision even for lending to AAA rated corporates whereas mutual funds do not have to —
Day: September 6, 2024
Credit growth — warning bells sounded –Article by Ex RBI Governor and Sambamurthy — Courtesy BusinessLine
Article tries to impress that credit growth beyond nominal GDP 11% [ Real GDP 7% + Inflation 4% [ which RBI is bound by law
Insurance regulator issues circular to protect interests of policyholders | Personal Finance – Business Standard
https://www.business-standard.com/finance/personal-finance/insurance-regulator-issues-circular-to-protect-interests-of-policyholders-124090600658_1.html Clipped from: https://www.business-standard.com/finance/personal-finance/insurance-regulator-issues-circular-to-protect-interests-of-policyholders-124090600658_1.html Norms on claims settlement process, electronic policies improve transparency for policyholders IRDAI The Insurance Regulatory and Development Authority of India (IRDAI) has
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