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Not using rear seat belt may impact insurance claim payout

Not using rear seat belt may impact insurance claim payout [ad_1] What IRDAI states Hari Ananthakrishnan, who retired as chief general manager (legal) of IRDAI, the insurance regulator, said the court or tribunal will not only look into the cause of the accident but also the coverage of the insurance policy. “The minimum cover mandated under the Motor Vehicles Act ...

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Bank union opposes public sector banks’ ‘loan melas’ on NPA pile-up fears

banks, stressed assets, NPAs, non-performing asets, bad loans

Bank union opposes public sector banks’ ‘loan melas’ on NPA pile-up fears The Maharashtra State Bank Employees Federation (MSBEF) on Monday opposed ‘loan melas’ organised by state-owned banks, saying that credit granted without much diligence at such events lead to pile-up of non-performing assets. Such ‘melas’ add to the retail Non-Performing Assets (NPAs) for the lenders as ...

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Gas Stocks: City gas players to gain from higher allocation: 3 stocks with up to 13% upside potential

Gas Stocks: City gas players to gain from higher allocation: 3 stocks with up to 13% upside potential [ad_1] The CGD sector is showing robust growth signs due to rising demand for cleaner fuels, expansion of transmission network and favourable regulatory environment. The government aims to increase the natural gas share in its energy mix from 6% in 2019 to ...

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Banks, financial markets strong enough to withstand extreme volatility: Das

RBI Governor Shaktikanta Das

Banks, financial markets strong enough to withstand extreme volatility: Das Reserve Bank Governor Shaktikanta Das on Monday said despite the latest headwinds arising from the Jackson Hole summit leading to extreme volatility, our banking system and financial markets are strong enough to withstand such pressures. Taking the markets by surprise, US Fed chair Jerome Powell had told ...

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Mirae Asset: Put money into equities in systematic manner, keep expectations in low teens: Neelesh Surana, Mirae Asset

Mirae Asset: Put money into equities in systematic manner, keep expectations in low teens: Neelesh Surana, Mirae Asset [ad_1] The earnings trajectory will remain steady and investors should put money into equities in a systematic manner and keep expectations in low teens, Neelesh Surana, CIO, Mirae Asset Investment Managers tells ET Wealth. How are you reading the market rebound? Does ...

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