LIC dominates insurance market despite losing share
During 2021-22, individual non-single premium rose 8.82% to Rs 30,016 crore from Rs 27,584 crore at the end of March 2021. The total first year premium (FYP) of the life insurer rose by 7.92% to Rs 1.98 lakh crore in March 2022 from Rs 1.84 lakh crore in the previous fiscal.
Digitally ready Bank of Baroda aims to click on more loansAt present, 50% of the bank's retail loans are sourced digitally. Out of this, 97% of the bank's personal loans are disbursed end-to-end digitally while the bulk of the home loan originations is done digitally.
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