Non-life insurers clock 11% growth in gross direct premium income

Non-life insurers clock 11% growth in gross direct premium income

These companies registered premium collections worth Rs 12,316.50 crore this May against Rs 11,061.02 crore in the same month last year, data released by insurance regulator Irdai Wednesday showed.

Yes Bank aims to cut expenses by more than 20% by relocating its offices from the central business district to new locations to rationalise cost, people in the know said.

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