Home Credit strengthens its Insurance Portfolio
Posted On: 2021-03-09 08:59:17 (Time Zone: Arizona, USA)
Home Credit India, a local arm of the international consumer finance provider with operations spanning across Europe and Asia and committed to driving financial inclusion in India, today announced the launch of Two-wheeler insurance in a strategic partnership with Bajaj Allianz General Insurance Company Limited, one of India s leading private general insurance company. It is designed to ensure ease, assurance, and protection of the two-wheeler when customers need it the most.
Benefits of insuring with Bajaj Allianz Two-Wheeler Insurance for customers:
- Easy purchase/renewal online
Shares of companies engaged in insurance business rallied by up to 9 per cent on the BSE on Monday after the government proposed to increase foreign direct investment in the sector to 74 per cent, a move aimed at attracting overseas players.
The limit on FDI in Indian insurance companies will be lifted from 49 per cent to 74 per cent, said Finance Minister Nirmala Sitharaman on Monday in her Budget speech for 2021-22, accepting a demand the industry had proposed for long.
The law presently says an Indian insurance company has to be Indian-owned and controlled . This gives the Indian partner the right to appoint a majority of directors or control the management of a company. The Insurance Act will be updated to allow foreign ownership in insurance with safeguards.
Bajaj Finserv
Bajaj Finserv successfully concludes its B-school campus competition ATOM season 3 with TAPMI as the winner and JBIMS in second position ANI | Updated: Dec 12, 2020 12:39 IST
Pune (Maharashtra) [India], December 12 (ANI/NewsVoir): Bajaj Finserv successfully completed the third season of its coveted B-school campus competition ATOM , with over 7,746 students from top 17 B-schools participating this year, pan-India.
The competition, which aimed at engaging the bright young minds in building solutions for futuristic Fintech scenarios, witnessed 1,228 teams virtually fighting it out at campus, regional and national levels to reach the finale.
This year, the gamified competition was conducted virtually, over a period of 2 months that invited participants to share their ideas towards addressing five futuristic problems around investments, lending, and insurance segments to build ideas and solutions for solving an unforeseen prob
Bajaj Finserv concludes its B-school campus competition indiagazette.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiagazette.com Daily Mail and Mail on Sunday newspapers.