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Moody's reviews LIC, three top banks
The country's largest portfolio investor, Life Insurance Corporation of India (LIC), has been put under review, leading to a possible downgrade, by Moody's, the global rating agency. Reason: The financial behemoth's high exposure to sovereign debt and lack of revenue sources from outside India. Besides LIC, three top private sector banks - ICICI, HDFC and Axis - are also staring at a possible downgrade
The country's largest portfolio investor, Life Insurance Corporation of India (LIC), has been put under review, leading to a possible downgrade, by Moody's, the global rating agency. Reason: The financial behemoth's high exposure to sovereign debt and lack of revenue sources from outside India. Besides LIC, three top private sector banks - ICICI, HDFC and Axis - are also staring at a possible downgrade
Va. jury convicts Costa Rican man in $485M fraud
A federal jury in Virginia has convicted a former Costa Rican insurance executive on all counts in a $485 million fraud scheme.
A federal jury in Virginia has convicted a former Costa Rican insurance executive on all counts in a $485 million fraud scheme.
Moody's reviews India's LIC for possible downgrade
April 30 (Reuters) - Moody's is reviewing its rating of state-run Life Insurance Corp of India (LIC), the country's largest portfolio investor, for possible downgrade over its high exposure to
April 30 (Reuters) - Moody's is reviewing its rating of state-run Life Insurance Corp of India (LIC), the country's largest portfolio investor, for possible downgrade over its high exposure to
Moody's reviews LIC for possible downgrade
REUTERS - Moody's is reviewing its rating of state-run Life Insurance Corp of India (LIC), the country's largest portfolio investor, for possible downgrade over its high exposure to sovereign debt
REUTERS - Moody's is reviewing its rating of state-run Life Insurance Corp of India (LIC), the country's largest portfolio investor, for possible downgrade over its high exposure to sovereign debt
Be rational not emotional
Which of these sales pitches do you find more appealing? A product which proudly states that had you invested in it for the past five years you would have earned a Compounded Annual Growth Rate (CAGR)
Which of these sales pitches do you find more appealing? A product which proudly states that had you invested in it for the past five years you would have earned a Compounded Annual Growth Rate (CAGR)
Dividends, interest income drive ICICI Bank's profit up 31%
ICICI Bank, the largest private sector lender in the country, on Friday said its standalone net profit for the quarter ended March 31 had expanded 31 per cent to Rs 1,902 crore from Rs 1,452 crore
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