premiums

insurance fund: DICGC posts 17% growth in insurance fund

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Mumbai: The Deposit Insurance and Credit Guarantee Corporation (DICGC), a wholly-owned subsidiary of the Reserve Bank of India (RBI), reported a 17% increase in its deposit insurance fund in FY24. The Deposit Insurance Fund (DIF), which is crucial for settling claims of depositors from liquidated or amalgamated banks, climbed to ₹1,98,310 crore as of March … Read more

health insurance: Sanjiv Bajaj on right way to go in getting health insurance, rising premia & more

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Sanjiv Bajaj, Joint Chairman & MD, Bajaj Capital, says in India the health inflation is about 14%, so that means every year the cost of health treatments are going up by 14%. There is an 18% GST on health insurance. So, the point is that that it is causing the claims to go up and … Read more