A study by JLL India estimated the number of elderly people living in India to be more than 10 crore, and this is expected to grow by 3.8% every year.
Total due from Airbus could be around Rs 350 crore including the accrued interest on the principal amount, sources in United Bank of India said.
In early 2015, low commercial paper rates relative to bank lending rates led to higher levels of financing from non-banking sources.
The continuous low factory output has also cast a cloud over sustainable double digit credit growth for the next couple of quarters.
All India Rural Bank Employees' Association said that rural banking services would come to a halt on these two days as employees of 56 RRBs will join the strike.
RBI proposes to rationalise MDR to encourage setting up of more point of sale terminals as use of plastic cards has gained traction for purchases of goods and services.
K Sanath Kumar, the new chairman and managing director of Kolkata-based National Insurance, said that the impact of higher premium would be felt in the next two years.
They were expecting Finance Minister Arun Jaitley to clear the doubts over implementation of the new computation system.
Life insurance companies will now be a part of a closed user groups to share data relating to new policy proposals and claims.
Investors are seeking greater changes on the ground – things like corporate governance and operational autonomy that will give higher valuations.
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