MONEY & BANKING
GENERAL INSURANCE
Elite panel of insurance surveyors proposed
An elite panel of insurance surveyors should be created to drive important changes in the profession for betterment of the insurance industry, according to the committee of surveyors and loss assessors set up by Insurance Regulatory and ...
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PUBLIC SECTOR BANKS
PSB chiefs confident of meeting profit target
New Delhi, Jan 5 The chief executives of public sector banks (PSBs) have assured the Finance Minister, Mr P Chidambaram, that they would meet the profit target mentioned in the annual statement of intent (SOI) filed with the Finance Ministry ...
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CORPORATE BONDS
ICRA places Tata Motors on rating watch
Mumbai, Jan. 5 Credit rating agency ICRA has placed the ratings assigned to Tata Motors on rating watch with negative implications. The rating watch reflects the likely increase in the business and financial risk profile of Tata Motors, ...
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MORTGAGE
LIC Housing readies reverse mortgage product
LIC Housing Finance Ltd (LICHFL) has readied its reverse mortgage product which can be launched ‘any moment’, according to Mr S.K. Mitter, Director and Chief Executive, LICHFL.Speaking to newspersons after inaugurating a ...
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PEOPLE
3 Dy GMs for Karnataka Bank
Karnataka Bank Ltd promoted three Assistant General Managers to the rank of Deputy General Managers. A bank release said here on Saturday that Ms Meera Laetitia B. Aranha, Assistant General Manager at Karnataka Bank’s Head Office in ...
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