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Ageas Federal Life Insurance expects 35-40pc premium growth in FY22

Ageas Federal Life Insurance Company expects a 35-40 per cent growth in premium income in the current financial year despite higher claim payouts in the first quarter, a top company official said. The company looks to keep the momentum going after better-than expected performance in Covid-19-hit 2020-21 fiscal, Ageas

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HDFC Bank’s Puri top earner among bankers in FY21; ICICI Bank’s Bakhshi forgoes salary in COVID year

HDFC Bank's Aditya Puri emerged as the highest grossing banker among the top three private sector lenders in his retirement year with total emoluments of Rs 13.82 crore. His successor Sashidhar Jagdishan, who took over as the chief executive and managing director of the largest private sector lender on

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IFC, HDFC ink $250 million partnership to promote affordable green housing finance in India

India’s largest mortgage lender (HDFC) and the World Bank Group member IFC have entered into an agreement to promote green housing in India through lending for affordable and low-income housing. IFC, the largest global development institution, has extended a loan worth $250 million to HDFC under this partnership. At

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IFC lends USD 250 mn to HDFC to promote affordable green housing finance

International Finance Corporation (IFC), a private sector investment arm of the World Bank Group, has decided to provide loan of USD 250 million (about Rs 1,875 crore) to promote affordable green housing finance for low-income borrowers. Low and middle-income borrowers will be able to own homes with improved access to

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