RBL Bank reports Rs 459 crore loss in Q1 on higher loan provisions
Its gross non-performing assets ratio increased to 4.99 per cent as of June 30 as against 4.34 per cent in March and 3.45 per cent in the year-ago period.
Bengal FM Amit Mitra writes to Nirmala Sitharaman against privatisation of insurance companiesThe government plans to privatise public general insurer United India Insurance Company in the first instance as well as sell-off Life Insurance Corporation (LIC), considered to be the fulcrum of financial security for most of the Indians, Mitra said.
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