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Commentary on the current market situation by Mr. Ajit Banerjee, Chief Investment Office of Shriram Life Insurance Co Below the Commentary on the current market situation by Mr. Ajit Banerjee, Chief Investment Office of Shriram Life Insurance Co   Despite India's strong economy and stable corporate results, global negative developments are still impacting market movements. Here's a summary of the key factors: Fear of recession in the US - Fears of the US staring at a recession have intensified after the July jobs report, which threw a big downside surprise with fairly broad...
Commentary on the current market situation by Mr. Ajit Banerjee, Chief Investment Office of Shriram Life Insurance Co
Commentary on the current market situation by Mr. Ajit Banerjee, Chief Investment Office of Shriram Life Insurance Co
Source: Shriram Life Insurance
2024-08-05 05:35:15 pm
Quote on Budget Expectation Comments by Mr. Ajit Banerjee, Chief Investment Officer of Shriram Life Insurance Below the Quote on Budget Expectation Comments by Mr. Ajit Banerjee, Chief Investment Officer of Shriram Life Insurance     Topic: Balancing fiscal prudence with social responsibility   Quote headline: ‘Govt is in comfortable position to retain or better its fiscal deficit target’   Need to strike a fine balance between fiscal consolidation and social responsibility: Shriram Life Insurance’s Ajit Banerjee   The go...
Quote on Budget Expectation Comments by Mr. Ajit Banerjee, Chief Investment Officer of Shriram Life Insurance
Quote on Budget Expectation Comments by Mr. Ajit Banerjee, Chief Investment Officer of Shriram Life Insurance
Source: Shriram Life Insurance
2024-07-11 03:31:43 pm
FPI buying in India`s financials at six-month high in June, NSDL data shows  Foreigner portfolio investors (FPI) snapped a two-month selling streak in India's financials and turned net buyers in June, hitting a six-month high. The heaviest-weighted sector, financials, garnered FPI inflows worth 91.7 billion rupees (about $1.1 billion) during the month, the highest since December 2023, according to data from the National Securities Depository (NSDL). The FPI buying in the sector came after two months of outflows worth 182 billion rupees, boosting the fi...
FPI buying in India`s financials at six-month high in June, NSDL data shows
FPI buying in India`s financials at six-month high in June, NSDL data shows
Source: Reuters
2024-07-04 04:19:57 pm
Comments On on RBI Monetary Policy announcement By Mr. Ajit Banerjee, Chief Investment Officer of Shriram Life Insurance Below the Comments On on RBI Monetary Policy announcement By  Mr. Ajit Banerjee, Chief Investment Officer of Shriram Life Insurance   The Reserve Bank of India's Monetary Policy Committee's decision by a majority of 5-1 to keep the repo rate unchanged at 6.5 per cent for the seventh consecutive time was on expected lines. The RBI MPC has also decided to keep its stance of "withdrawal of accommodation" unchanged with a majority of 5-1. The Governor justified t...
Comments On on RBI Monetary Policy announcement By Mr. Ajit Banerjee, Chief Investment Officer of Shriram Life Insurance
Comments On on RBI Monetary Policy announcement By Mr. Ajit Banerjee, Chief Investment Officer of Shriram Life Insurance
Source: PR Agency
2024-04-05 02:29:33 pm
RBI monetary policy reaction by Mr. Ajit Banerjee, Chief Investment Office of Shriram Life Insurance Company. Below the RBI monetary policy reaction by Mr. Ajit Banerjee, Chief Investment Office of Shriram Life Insurance Company   "In what is its last policy meeting of FY24, the MPC has decided to continue maintaining with the policy rates at 6.5% in line with market expectations and maintained the withdrawal of accommodation stance. The rate decision was reached unanimously but the stance was retained by a vote of 5-1. The tone of the MPC was fairly balanced, with adeq...
RBI monetary policy reaction by Mr. Ajit Banerjee, Chief Investment Office of Shriram Life Insurance Company.
RBI monetary policy reaction by Mr. Ajit Banerjee, Chief Investment Office of Shriram Life Insurance Company.
Source: Shriram Life Insurance
2024-02-08 03:10:50 pm
Shriram Life Drives Insurance Awareness, Donates Books In Government School In First Step As Lead Life Insurer In Telangana Serving its first mandate as lead life insurer of Telangana, Shriram Life Insurance today launched an insurance awareness campaign; ‘Fuelling Dreams, Powering Education’, in Zila Parishad High School (ZPHS) in Shivarampally in Rangareddy district. Shriram Life Insurance MD & CEO Casparus Kromhout donated library books to school principal M Kishan during the school assembly.   Through this campaign Shriram Life Insurance emphasizes the importance of grassroots educ...
Shriram Life Drives Insurance Awareness, Donates Books In Government School In First Step As Lead Life Insurer In Telangana
Shriram Life Drives Insurance Awareness, Donates Books In Government School In First Step As Lead Life Insurer In Telangana
Source: PR Agency
2023-12-13 11:20:04 am
RBI Monetary Policy reaction by Mr. Ajit Banerjee, Chief Investment Officer, Shriram Life Insurance Below the Views on RBI Monetary Policy reaction by Mr. Ajit Banerjee, Chief Investment Officer, Shriram Life Insurance   The Reserve Bank of India's (RBI) Monetary Policy Committee unanimously decided to keep the repo rate unchanged at 6.5% for the fifth time in a row which was in sync with the consensus view of the market. It was also widely assumed that rate-setting panel will also retain the policy stance unchanged with a focus on the withdrawal of accommodation. Fro...
RBI Monetary Policy reaction by Mr. Ajit Banerjee, Chief Investment Officer, Shriram Life Insurance
RBI Monetary Policy reaction by Mr. Ajit Banerjee, Chief Investment Officer, Shriram Life Insurance
Source: Shriram Life Insurance
2023-12-08 03:23:10 pm
Shriram Life Insurance New Business Premium Up 88% in H1FY24 Shriram Life Insurance announced an 88% increase in new business premium for retail and group policies in H1FY24 at Rs 860 crore compared to the year-ago period. The company sold 1,42,914 individual policies in the first half of the year, pushing the insurer to the 7th position in number of policies sold among private insurers in the country. The company recorded a profit after tax (PAT) of Rs 70 crore for H1FY24.  For Q2FY24 alone, the insurer’s gross premium stood at Rs 7...
Shriram Life Insurance New Business Premium Up 88% in H1FY24
Shriram Life Insurance New Business Premium Up 88% in H1FY24
Source: PR Agency
2023-11-10 10:22:16 am