News

RBI`s MPC policy by Mr. Ashwani Dhanawat, CIO- Shriram General Insurance Below the quote RBI's MPC policy by Mr. Ashwani Dhanawat, CIO- Shriram General Insurance   "The measures implemented by RBI's MPC in recent quarters have effectively balanced controlling headline inflation and promoting economic growth. Despite increased geopolitical uncertainties and volatile international demand-supply dynamics, the Indian economy has demonstrated resilience. This is reflected in our favourable economic indicators. To maintain this positive momentum,...
RBI`s MPC policy by Mr. Ashwani Dhanawat, CIO- Shriram General Insurance
RBI`s MPC policy by Mr. Ashwani Dhanawat, CIO- Shriram General Insurance
Source: PR Agency
10/08/2023 5:28:14 PM
Shriram Life Insurance has registered a profit after tax (PAT) of Rs 35.4 crore in Q1FY24 Shriram Life Insurance on Thursday said it registered a profit after tax (PAT) of Rs 35.4 crore in Q1FY24. The company earned Rs 717 crore of total premium, a surge of 82% over the year ago period.      Jointly promoted by Shriram Group and Africa’s Sanlam Group, the company reported Assets Under Management (AUM) for Q1FY24 at Rs 9,688 crore, growing 23% from Rs 7,866 crore in Q1FY23. The insurer sold 56,493 policies during its first quarter.   ...
Shriram Life Insurance has registered a profit after tax (PAT) of Rs 35.4 crore in Q1FY24
Shriram Life Insurance has registered a profit after tax (PAT) of Rs 35.4 crore in Q1FY24
Source: PR Agency
4/08/2023 10:57:28 AM
View On RBI Monetary Policy announcement By Mr Ajit Banerjee, Shriram Life Insurance View On RBI Monetary Policy announcement By Mr. Ajit Banerjee CIO, Shriram Life Insurance Company "RBI on expected lines continued with the rate pause decision which it had announced in April’23 and maintained the status quo on stance on withdrawal of accommodation as the fight for taming the inflation continues. It has emphasised on the continued global fluidic situation prevailing. The policy tone was balanced, but it remained non-committal on the decision on  future...
View On RBI Monetary Policy announcement By Mr Ajit Banerjee, Shriram Life Insurance
View On RBI Monetary Policy announcement By Mr Ajit Banerjee, Shriram Life Insurance
Source: PR Agency
9/06/2023 12:08:43 PM
Shriram Life Insurance posts yearly profit at rs 156 Cr Shriram Life Insurance reported robust FY23 profits at Rs 156 crore on the back of growth in individual non-single premiums. For the year-ended March 2023, Shriram Life posted a retail APE growth 24% YoY, underscoring faster growth than the total industry for Individual New Business APE. For the period April’22 to Feb’23, while private industry grew 19% on Retail APE, Shriram Life showed stable growth at 22%. Even as private industry experienced an additional boom in March owin...
Shriram Life Insurance posts yearly profit at rs 156 Cr
Shriram Life Insurance posts yearly profit at rs 156 Cr
Source: PR Agency
14/05/2023 12:58:28 PM
The repo rate increase by 25bps to 6.5% is in sync with the broad market consensus view Says Mr Ajit Banerjee,Shriram Life Insurance Below View On RBI Monetary Policy By Mr Ajit Banerjee, CIO, Shriram Life Insurance "The repo rate increase by 25bps to 6.5% is in sync with the broad market consensus view. However, what was probably considered slightly on unexpected line was RBI maintaining its withdrawal of accomodation stance to ensure inflation remains within target going forward, while also supporting growth. Therefore, this indicates that we cannot rule out at this stage any further rate hikes and there was...
The repo rate increase by 25bps to 6.5% is in sync with the broad market consensus view Says Mr Ajit Banerjee,Shriram Life Insurance
The repo rate increase by 25bps to 6.5% is in sync with the broad market consensus view Says Mr Ajit Banerjee,Shriram Life Insurance
Source: PR Agency
8/02/2023 3:47:15 PM
2023 may see an M&A surge in insurance sector: Shriram General Insurance MD & CEO The year 2022 has been one of the best years for the Indian general insurance industry. As per the trends, the industry is expected to double its compound annual growth rate (CAGR) to 10.2 per cent by the end of 2022 from its slowest growth of the decade at five per cent from 2021, said a top official of Shriram General Insurance Company Ltd. He also said that with the new regulations ushered in, there will be more players entering the field and may result in mergers and acquisitions. T...
2023 may see an M&A surge in insurance sector: Shriram General Insurance MD & CEO
2023 may see an M&A surge in insurance sector: Shriram General Insurance MD & CEO
Source: IANS
2/01/2023 1:03:47 PM
The Reserve Bank of India has hiked the repo rate by 35 basis points to 6.25% Says Ajit Banerjee, Shriram Life Insurance Below View On RBI Monetary policy By Ajit Banerjee, Chief Investment Officer, Shriram Life Insurance. The Reserve Bank of India has hiked the repo rate by 35 basis points to 6.25% which was on expected lines. However, markets were expecting a slight moderation in the stance but it continues to be the withdrawal of accommodative stance while supporting growth. This may be interpreted that further action on the rate front can still happen before arriving at the terminal rate. RBI also l...
The Reserve Bank of India has hiked the repo rate by 35 basis points to 6.25% Says Ajit Banerjee, Shriram Life Insurance
The Reserve Bank of India has hiked the repo rate by 35 basis points to 6.25% Says Ajit Banerjee, Shriram Life Insurance
Source: PR Agency
7/12/2022 3:20:40 PM
Shriram Lifes Premier Assured Benefit Rides on Guaranteed Benefits, Superior Returns & Comprehensive Life Cover Options HYDERABAD, October 31, 2022: Shriram Life Insurance has launched a new plan called Shriram Life Premier Assured Benefit. The plan is aimed at helping individuals aged 30 days to 50 years meet their recurring needs and achieve their major financial goals in life. This is a nonparticipating life insurance savings plan that offers attractive guaranteed returns. The plan comes with Income and Settlement payout options. The unique feature of the plan lies with the ‘Life Plus’ covera...
Shriram Lifes Premier Assured Benefit Rides on Guaranteed Benefits, Superior Returns & Comprehensive Life Cover Options
Shriram Lifes Premier Assured Benefit Rides on Guaranteed Benefits, Superior Returns & Comprehensive Life Cover Options
Source: PR Agency
31/10/2022 3:57:27 PM
Pre RBI Monetary Policy Quote : Ajit Banerjee, Chief Investment Officer, Shriram Life Insurance Pre RBI Monetary Policy Quote 29 September 2022 By Ajit Banerjee, Chief Investment Officer, Shriram Life Insurance. State of economy The global economy is strongly caught between the twin challenges of high inflation and low growth, with major forecasts suggesting a further slowdown in 2022-end and 2023. The focus has largely shifted from Russia- Ukraine crisis to the resultant impact on global GDP growth and high inflation. Implications of hugely unanticipated duration of the war...
Pre RBI Monetary Policy Quote : Ajit Banerjee, Chief Investment Officer, Shriram Life Insurance
Pre RBI Monetary Policy Quote : Ajit Banerjee, Chief Investment Officer, Shriram Life Insurance
Source: PR Agency
29/09/2022 4:07:14 PM
Indian economy likely to grow by 7.1% in FY23: CareEdge * Expect farm sector to grow at a steady pace of 3% in FY23 * Industrial sector GDP projected to grow by 5.4% in FY23 * Further deterioration of the global environment may impact domestic growth * Government investments to stimulate India’s GDP growth * Improvement in capacity utilization levels to help boost private investment cycle Mumbai : CareEdge has released a report on the state of the Indian economy. The Indian economy likely to grow by 7.1% in FY23 on the ba...
Indian economy likely to grow by 7.1% in FY23: CareEdge
Indian economy likely to grow by 7.1% in FY23: CareEdge
Source: PR Agency
8/08/2022 5:49:42 PM