Shilpy Sinha News Today

The insurance’s removal of age caps for buying insurance policy can be the start of much needed reforms in this sector. But questions on expense and accessibility remain. In this podcast, we break down the intricacies of these regulatory amendments, especially for senior citizens with pre-existing conditions like diabetes and hypertension. Anirban Chowdhury and Shilpy Sinha talk to Dr S Prakash MD and CEO Galaxy Health & Allied Insurance Company and Mahavir Chopra, Founder, Beshak.org

JM Financial Limiteds MD, Chirag Negandhi, discusses market factors including political stability and the RBIs recent actions. With Indias GDP growth projections and demographic trends, sectors like real estate, financial services, and consumer goods are expected to benefit. Positive market outlook post-2023 state elections with potential for increased capital influx and high interest in QIPs and IPOs.

The insurance industry comes together to ease the cashless chaos with a new punchline “cashless everywhere”. As the restrictions of empanelment are lifted will it really ease the pain or is it a cosmetic catchphrase? ET’s Shilpy Sinha speaks to Anuj Tyagi, Joint MD - HDFC ERGO General Insurance to understand how it will be implemented and gets a ground reality check Dr Sudhir Naik, President Medical Association of Mumbai on the challenges faced by hospitals and nursing homes to execute the...

The regulatory dance around AIFs just got a double spin with both the RBI and SEBI making moves. The RBI has stated that Banks and NBFCs cant invest in AIFs funding borrowers they already have loans to. While SEBI has mandated all fresh AIF investments after September 2024 to be dematerialized. Even as it is a big step against the evergreening of loans, it could also affect ₹20,000-40,000 crore of AUM if lenders have to unwind their investments. Is this an impractical solution to a genuine pro...

Alternative Investment Funds are privately managed funds with just a few investors, usually wealthy family offices, banks, NBFCs and other institutions and even corporate treasuries. These funds usually invest in high-yielding debt instruments and structure transactions in a complex way that helps hide the genuine nature of the financial strength of the borrower.

Our market share is down in group business because we could not get some of that. Our individual business is growing, and I am confident of growing market share in the coming quarters.

Vedanta Resources is planning to sanction a loan from Standard Chartered Bank worth $1.3 billion

Uday Kotak stepped down as MD and CEO on Saturday from an institution that he founded 38 years ago, well ahead of the end of his term, causing anxiety among businesses and investors. In an interview with MC Govardhana Rangan, Bodhisatva Ganguli & Shilpy Sinha, Kotak details his decision to wind up early and the nostalgic journey.

Uday Kotak, the founder of Kotak Mahindra Bank, has stepped down as MD and CEO ahead of the end of his term, causing concern among businesses and investors. Kotak reflects on his decision, stating that he wanted to make the succession process smoother and that he had completed his responsibilities. He also emphasizes the importance of institutions over individuals and expresses his confidence in the future growth of the bank.

The solvency level of Max Life Insurance is now at 188%. Though it is significantly higher than the 150% that is prescribed by the IRDAI, we need growth capital. The organisation has huge plans for growth across all channels.