Union Budget 2021: Make insurance more affordable, attractive proposition for customers Due to COVID-19, the consumer mindset has undergone a tectonic shift from looking at health insurance as a priority to seeing it as a necessity, says ManipalCigna s Prasun Sikdar FP Staff January 31, 2021 19:54:53 IST Crafting the safety net
The healthcare sector must be supported and encouraged to expand and thrive so that it can make a real difference to the country’s economy and employment. COVID-19 has been a rude wake-up call with regard to health insurance many understood the need to have one as the pandemic struck. In the wake of COVID-19
Emerging markets led by India, China likely to grow faster than developed markets, says Hemant Kanawala of Kotak Life
If there is disappointment in any quarter on earnings or corporate commentary turns cautious, then markets can correct to adjust to the new reality, says Kanawala. Sunil Shankar Matkar December 30, 2020 / 10:04 AM IST
Hemant Kanawala, Head– Equity, Kotak Mahindra Life Insurance Company, says the global economy is expected to grow at around 5 percent in 2021 as economic activity normalises. Emerging markets led by India and China are expected to grow faster than the developed markets, he says.
The government needs to bring back “fiscal discipline”, which was relaxed to meet the challenges posed by the coronavirus outbreak. The government should also focus on capital spending to revive investment growth and to shore up the economy, Kanawala says in an interview to Moneycontrol’s Sunil Shankar Matkar. Edited ex
Suryoday Small Finance Bank Receives SEBI Nod To Launch IPO Suryoday Small Finance Bank Receives SEBI Nod To Launch IPO The IPO will comprise of a fresh issue of 1,15,95,000 shares and an offer for sale of up to 84,66,796 shares by the existing shareholders, according to draft papers filed with SEBI
Updated: December 29, 2020 1:30 pm IST
he small lender s shares are likely to be listed on both, the BSE Sensex and NSE Nifty
Suryoday Small Finance Bank has received the go-ahead from the markets regulator Securities and Exchanges Board of India (SEBI) to float its initial public offering (IPO). The small lender s shares are likely to be listed on both, the BSE Sensex and NSE Nifty, joining its listed peers Ujjivan SFB, AU Small Finance Bank and Equitas SFB.
Suryoday Small Finance Bank gets SEBI nod to float IPO
After filing its preliminary papers in October, the small lender got SEBI s observation on December 23, per an update on the regulator s portal. December 28, 2020 / 07:01 PM IST
Markets regulator Securities and Exchanges Board of India (SEBI) has granted the go-ahead to small lender Suryoday Small Finance Bank to float its Initial Public Offering (IPO).
This IPO comprises fresh issuance of 1,15,95,000 equity shares and an offer for sale of up to 84,66,796 equity scrips by existing shareholders, according to the draft papers filed with the regulator, PTI reported.
Those offering shares through the Offer for sale (OFS) route include International Financial Corporation (IFC), Gaja Capital, HDFC Holdings, IDFC First Bank, Kotak Mahindra Life Insurance Company, DWM (International) Mauritius Ltd and Americorp Ventures.