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The new entity, which will operate as a Corporate Agent, will focus on offering auto insurance policies in partnership with multiple insurers for its customers across the country
A Ministry of Commerce spokesman in Beijing stated that India’s measures violate several WTO obligations, including national treatment, and constitute prohibited import substitution subsidies
Prevailing low inflation will squeeze profit margins, increase real value of debt and interest rates for private sector, says MPC’s external member
“While the existing system is simple to understand and administer, it does not differentiate between banks based on their soundness. It is, therefore, proposed to introduce a Risk-Based Premium model,” says RBI
