VS Vyas to head RBI Agri-Credit Committee
Mumbai: The Reserve Bank of India (RBI) on Thursday constituted an advisory committee on the flow of credit to agriculture and related activities from the banking system.
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Moody's revises ratings of Indian banks
London: Moody's Investors Service has changed the outlook for the long-term foreign currency deposit ratings of a number of Indian banks - currently rated Ba2 - to stable from the negative outlook for India.
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F-Ins platform for insurance firms
Hyderabad: Fast Forward Technologies, a Singapore-based software solutions provider for financial and insurance sector with a development cum support centre in Hyderabad, has announced the development of a framework termed F-Ins that enables insurance companies and its stakeholders bring in efficiencies.
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ICICI Pru Life's income crosses Rs 1,000 crore
Bangalore: ICICI Prudential Life Insurance Company's premium income has crossed Rs 1,000 crore for the first nine-month period of the current financial year.
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Revised IRDA norms for life products
Hyderabad: The Insurance Regulatory and Development Authority has come out with revised guidelines pertaining to the design of life insurance products.
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SIDBI approaches World Bank for $200-million loan
Chennai: The Small Industries Development Bank of India (SIDBI) is in talks with the World Bank for a $200-million (about Rs 900-crore) soft loan. The loan will augment the bank's lendable resources and, being a soft loan, also lower the cost of borrowing.
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