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Insurance
staff urged to reject VRS
Hyderabad: THE All India Insurance Employees' Association
has called upon the employees of the four public sector
general insurance companies to reject the offer of special
voluntary retirement scheme.
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BoB
raises Rs 300 cr via Tier II bonds
Mumbai: Bank of Baroda has raised Rs 300 crore
at 5.85 per cent per annum through Tier II bond issue
on private placement basis on unsecured, non-convertible,
redeemable subordinate bonds
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LIC
eyes a new record, settles 1.46 claims a second
Mumbai: The life insurer settles 1.46 claims every
second and settles nearly 33,000 claims every working
day. The corporation also hands out over Rs 57.36 crore
per day to policyholders.
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