Mayur Shetty
Senior Editor at The Times of India
Award-winning journalist (IIIrd Std Obstacle Race) writing on banking and finance. Twitter reply guy
Articles
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18 hours ago |
timesofindia.indiatimes.com | Mayur Shetty
NewsCap on management expenses leading to recalibration of business: Future Generali CEOMUMBAI: The Insurance Regulatory and Development Authority of India (IRDAI) capping management expenses at 30% of premium income is prompting insurers to recalibrate their business mix according to Anup Rau, CEO of Future Generali India Insurance.In an interview with TOI, Rau was clear-eyed about the challenges and opportunities presented by regulatory change.
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18 hours ago |
timesofindia.indiatimes.com | Mayur Shetty
NewsNew norms, fresh strategy give Bandhan Life a level playing fieldMUMBAI: Bandhan Life Insurance is using the opportunity presented by the new regulatory caps on management expenses and minimum surrender value rules to reposition itself alongside peers as it begins afresh under a new strategy.“The regulations coinciding with the company rolling out with its new strategy provides it the advantage of making processes more efficient,” said Satishwar B, managing director and CEO.
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3 days ago |
timesofindia.indiatimes.com | Mayur Shetty
NewsUPI transactions hit new high in May but cash still thrivingDespite the surge in UPI transactions, cash usage, particularly the Rs 500 note, remains surprisingly high in India, reaching record levels. This phenomenon is attributed to precautionary hoarding driven by economic uncertainties stemming from the Covid-19 pandemic. While the government promotes digital payments and smaller denominations, the preference for liquidity persists, reversing the pre-pandemic trend of reduced cash holdings.
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6 days ago |
timesofindia.indiatimes.com | Mayur Shetty
TrendingMUMBAI: The Insurance Regulatory and Development Authority of India (IRDAI) urged insurance companies to prioritise expanding the number of people covered under insurance, not just improving insurance penetration metrics.
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6 days ago |
timesofindia.indiatimes.com | Mayur Shetty
NewsBusiness NewsIndia Business NewsRBI anticipates Indian economy to grow 6.5% in 2025 26 with inflation stabilising at 4%TrendingMUMBAI: Reserve Bank of India (RBI) anticipates the Indian economy to expand by 6.5% in 2025-26 and inflation to settle at 4.0%.
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Is the buzz over payments over? Worldine india on the block for $200mn. The india biz (then Venture Infotek)was acquired for $100m in 2010. Since then volumes have grown at least 5x. Venture Infotek was og payment company setting up pos machines in JV with Equifax in 90s https://t.co/IcBrKNBWm1
RT @PIB_India: Temporary Closure of 32 Airports Lifted 🔹 Temporary closure of 32 Airports for civil Aircraft operations till 05:29 hrs of…
Civilian flights at 32 airports suspended https://t.co/q680vN3HjA
