SBI seeks record entry premium for insurance foray

State Bank of India (SBI) is asking prospective partners for its general insurance foray to pay it Rs 300 crore (Rs 3 billion) to Rs 350 crore (Rs 3.5 billion) as entry premium, insurance industry......

Banks' rush unlikely for insurer licence

The Insurance Regulatory and Development Authority has finally given its nod for banks to become brokers for the segment. But a rush of applications from banks, to become insurance brokers is......

Dabur's Burmans to enter i-banking, broking

The Burman family, promoter of Dabur India, is likely to buy less than 26 per cent stake in the Indian unit of Portuguese investment banking and securities firm Espirito Santo.Negotiations are at......

Bank-linked insurance may not be cheaper

Is the bank branch in the vicinity? How reputed is the bank, what is the savings account interest rate? How well does it serve customers? These are usual questions you ask before opening a savings......