"Lenders have also been very cooperative, driven by the understanding that for NBFCs the core requirement is money. Once the debt restructuring process is over — in maybe around two months' time — I will tell you in detail how our NBFC is shaping up, what are our future plans, etc."
Non-life insurers clock 11% growth in gross direct premium incomeThese 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.
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