SBI General Insurance has announced a revision in premium rates for select health insurance products, effective February 1, 2025. The revised rates respond to evolving healthcare needs and regulatory shifts aimed at improving access to health insurance benefits, the company said.
Highlighting the recent development, the Paymt said that the National Payments Corporation of India (NPCI) has granted approval to One97 Communications Limited (OCL) to participate in UPI as a Third-Party Application Provider (TPAP) under multi-bank model.
Appearing on behalf of the bank, Senior advocate Harish Salve told the Supreme Court that if the numbers of Electoral Bonds are to be given, SBI will give.
Since the inception of the scheme in 2018, the SBI has issued Electoral Bonds worth Rs 16,518 crore in 30 tranches.
Global leader in customer experience solutions Avaya CEO Alan Masarek on Monday said that India is a key growth engine for Avaya worldwide, with significant demand coming from domestic clients and its partners.
Vijay Mallya said he had offered to pay 100 per cent of the amount borrowed by Kingfisher Airlines to the banks but neither banks were willing to take the money nor the Enforcement Directorate was willing to release his attached assets at the behest of the banks.
The bank is reaching out to customers who are having an impaired cash-flow so that they can be helped further.
IDFC First Bank is the latest to enter the SBI-led rescue team with an investment of Rs 250 crore.
He also noted that ratio of deposit to M-CAP (market capitalisaion) is not the correct instrument for assessing the safety of banks and instead Capital to Risk (Weighted) Assets Ratio (CRAR) should be gauged.
This is the seventh consecutive cut in borrowing rates by the bank in FY 2019-20.
