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 Which had gross advances of Rs 36,405 crore as on September end, reported a net profit of Rs 279 crore, lower 13% than the previous year. The lenders gross non-performing asset ratio (GNPA) stood at 3.16%, higher than 1.54% a year ago. In ab...

On October 18, when I looked at FabIndia s Jashn-e-Riwaz advertisement – which Tejasvi Surya, the BJP MP from Bengaluru South, had communalised on Twitter, calling it abrahamisation of Hindu festivals” – my first thought was...

Indias life insurance sector reported a 5.5% degrowth in first year premiums in May 2021 as the deadly second wave of the coronavirus pandemic caused these companies to go slow on new business especially on the term cover segment. The degrowth wa...

Despite their widespread proliferation, insurance products remain widely misunderstood by a large part of the investing community. While Risk Management is the bedrock of any Financial Plan worth its salt, harbouring some of these all too common f...

Work from your couch! Forever! The start of the year is a great time for reflection. We tend to think about what we’ve achieved during the previous year, a few things we could have done better, and what we’re looking forward to in t...

As the Indian economy falters due to the ongoing coronavirus outbreak, millions of jobs, across sectors, are on the line. Estimates released by the National Sample Survey (NSS) and Periodic Labour Force Surveys (PLFS), on March 31, suggested th...

Insurance Regulatory and Development Authority of India (IRDAI) has issued new rules aimed at preventing mis-selling of insurance products while also increase transparency. Effective December 1, 2019, it will be mandatory for life insurance com...

BENGALURU: As the number of coronavirus cases in India climbs to about 160, the insurance regulator has said that current health insurance plans in the market are adequate to protect policyholders. In an emailed response to TOI, the Insurance Reg...

Companies, big and small, around the world, have rolled out mandatory remote-working policies to promote social distancing and keep their employees safe. But the big question is, ‘How can productivity be maintained?’ With the corona...

As HR executives turn the page on a new year some will pause to reflect on just how much — and how little — has changed in the span of 12 months. Increased attention on topics traditionally considered the realm of HR — discrim...

There was a time when recruiters placed a job description and anticipated that the vacant position will be filled spontaneously. However, in this time of talent confrontation, it has become tough to find the right candidate for the job. Also, ther...

Over the last few weeks the environment has changed dramatically when it comes to work and life. As an HR leader, I can remember other times of crisis in the past, such as when our employees had their homes destroyed by tornadoes. We have to deal ...

Life insurance industry in India showed a growth of 10.73% in Total First-Year Premium collection compared to the previous year. In the meantime, 1.73% was the growth shown in Number of Policies (NOP) and 11.63% on Sum Ass...

Life insurance companies saw a 35.1 percent year-on-year (YoY) growth in new premium collections, to Rs 1.26 lakh crore in the April to September (H1FY20) period. Life Insurance Corporation of India (LIC) saw a 41.7 percent YoY increase in firs...

Betting big on the domestic life insurance industry, CARE Ratings said the sector is likely to grow at 14 per cent to 15 per cent per annum. In a research report released on Wednesday, it said the growth will come from a number of factors, incl...

Insurance, one of the oldest industries of modern civilization, is witnessing a tech revolution at breakneck speed. In the days of old, the industry wasn’t structured the way we have seen it in the last 100 years, but the need to hedge risks...

While most health insurance policies in India are providing cover for the coronavirus infection, you may not be able to get a claim for its treatment in the following scenarios. Your claim will also be limited by the maximum sum insured by your h...

Term life insurance, widely known as the term life insurance scheme, which is the basic form of life insurance plans that are available in the country. Term life insurance policies are guaranteed a high sum assured as compared to other insurance p...

Just like most areas of the HR toolkit, absence management is constantly evolving to meet the expectations of the now extremely tech-savvy workforce. We want the systems we use at work to be just as seamless as the technology we use in our day ...

Zishaan Hayath, CEO and Co-Founder, Toppr "This year’s budget focuses largely on skill development for young professionals. While the focus on scaling up youth’s skill set is necessary, the budget had a glaring lack of initiati...

The Human Resources (HR) is dynamic function in organisations these days and many a times the organization is known for the kind of HR policies that it has. There are many new trends that HR managers are following that are redefining the way empl...

A business, be it a start-up, a small company, or a multi-million dollar enterprise, requires a Human Resource (HR) department, who drafts the HR policies and defines the work culture and procedures of a company. HR policy is an important document...

Based on a set of 1,938 companies spread across all sectors, the study said the value of sales in FY19 was Rs 69 lakh crore thus covering the entire corporate sector. It includes all listed public sector entities but the SME segment may find less ...

The Indian industry’s appetite for growth will continue unabated in 2019, with most economic sectors scouting for talent in one of the fastest growing markets in the world. The positive trend we saw in 2018, marked by overall confidence, ...

The employment growth in the country has slowed down in the last two years, to 3.9 per cent in 2017-18 and 2.8 per cent in 2018-19 as the core industries have witnessed virtually, a negative growth in hiring, according to a study. “In terms ...

The economic slowdown in the country is showing its impact. The growth rate in the Fast-Moving Consumer Goods (FMCG) sector reached the lowest ebb in seven years. The main reason responsible for decrease is the decline in the growth rate of r...

Insurers faced a pressing problem last year — a surge in home insurance claims following destructive floods in Kerala. As applications for relief from devastated regions mounted, Reliance General Insurance decided to deploy a video conversa...

Let's start with a basic question, when you are in a hurry and want to know how something is done which of the two do you tend to do: refer a book about the topic or simply google your problem... If you just said "refer a book", we b...

The Indian technology industry is facing its biggest-ever HR challenge with the need to recruit and skill more than 2 million professionals, as growing demand for ‘exponential tech professionals’ puts extreme pressure on it to remain g...

Improvements in human resources (HR) practices and technology are a key reason for the continuous rise of India's technology sector. However, the growth of the tech sector is having its own impact on HR as well. The role of Human Resources ...

Analysts generally have a poor track record in forecasting economic outcomes; ask five analysts a question and you’ll likely get at least six answers. However, there does seem to be a growing consensus around a few things that will affect us...

Reforms, crisis, convergence, engineering, and inclusion are the five recent trends in the financial sector, says R. Shanmugham in ‘Financial Services’ (www.wileyindia.com). Indian financial reforms started with the Narasimham Commi...

Yalochat, an artificial intelligence-driven customer relationship management (CRM) platform that helps companies build personalised relationships at scale has partnered with Edelweiss Tokio Life Insurance to implement a chat-based personalised HR ...

The global human resources industry witnessed massive disruption in 2018. With technological innovation at its peak, job roles and hiring practices transformed at a remarkable pace. On the back of this deluge of innovation, the global human resour...

The present growth rate of financial sector in India is about 8.5% p.a. An increase in growth rate is equivalent to growth of our economy.Over the past few years,there have been reforms in monetary policies,economic policies,opening up of financia...

Banking has witnessed a significant change in recent times. Owing to the increasing consumer expectancies, regulations, economic changes and constant competition, modern banking has embraced technology. Digital platforms, mobile, internet banking,...

HR organization faces the competitive challenges of becoming a top destination for talent, building the workforce of the future, managing an agile organization and retaining top employees, all while providing strategic insight to key decision...

India is an amazing country. I just spent a week there meeting with clients and talking at the PeopleMatters HR Tech 18 conference and came home excited and invigorated. In this article let me briefly give you some things to think abo...

2020 is here, and the banking and insurance industry will be looking at effectively tackling challenges during the year. As marketplaces are becoming more competitive, here are some of the key challenges that HR professionals in the banking and in...

Mumbai: Companies are increasingly entrusting recruitment tasks in the hands of professional organisations for quality talent acquisition even as social media platforms and job sites are still one of the key hiring channels, says a study. Accordin...

With the ever-expanding opportunities in the Digital world, companies have to evolve their HR practices to stay relevant. The majority of the workforce slowly dominated by the millennials, progression is quite visible in the diverse areas, and HR ...

B2B sales has undergone major transformation in recent years. In addition to the continued growth of salestech, B2B sales teams have embraced wider trends in consumer behavior. As buyer behavior evolves, sales teams have to be ready to kee...

 India finds itself on a financial precipice-GDP growth has stalled, jobs have shrunk and factories are struggling to stay open. As industries across the board struggle to stay above water, India's insurance sector might get dragged into ...

The Indian insurance industry is on an upward growth trajectory with gross premiums written reaching Rs 5.53 trillion for FY18, inclusive of both life and non-life. So far, this growth has been achieved largely by offering a one size fits all solu...

India’s diverse and comprehensive financial services industry is growing rapidly, owing to demand drivers (higher disposable incomes, customized financial solutions, etc.) and supply drivers (new service providers in existing markets, new fi...

The financial services industry is a highly volatile sector, which immediately gets affected by various reasons: be it technology, government regulations, fiscal and monetary policies, trade relations, tax changes, etc. This year has witnessed maj...

When you run a business, you assume responsibility for the well-being of a range of people, from employees to customers. Your business activities have the potential to affect these stakeholders in serious and costly ways, and business insurance pr...

Running a business comes with inherent risks: An employee could get injured on the job; a natural disaster could destroy property; or a client could file suit, alleging a contractual breach. For those and other reasons, it is important to prote...

Internet has taken the world by storm. There is a lot of happening around us technologically wise. Gone are the olden days of “slow and steady wins the race” kind of saying? Nothing has been left untouched. If we say that new technolog...

New Delhi: Growing adoption of Big Data, analytics, artificial intelligence and Internet of Things is expected to push cloud market in India to grow 3-fold to $7.1 billion by 2022, a report by Nasscom said Tuesday. The report titled 'C...