The Hindu Business Line : Sunday, December 18, 2005

Maruti Insurance ramps up sales
Maruti Insurance, the tie up between Maruti and four insurers, has sold more than two million insurance policies. The first million took 30 months, the second was crossed in a record 13 months. Maruti Insurance serves as a one-stop shop for its ... More

IRDA permits third party administrators to offer other services
THE Insurance Regulatory and Development Authority has decided to permit third-party administrators (TPAs) in health insurance to undertake servicing of non-insurance healthcare schemes of Central and State Governments. The TPAs have been ... More

Many a slip between the Clause and the Loss
COMPANIES and individuals often lose out on insurance claims simply because of common underwriting mistakes. A sample — not intimating the change of address to the insurance company, even while taking care to inform banks and other ... More

Reality of actual loss
HERE is an unusual verdict in an accident case, where the court awarded more than what the claimant had appealed for: Manohar Madhukar Tambe vs Bhagubhai Liladhar, decided by the Gujarat High Court on October ... More

PRIVATE BANKS

YES Bank IPO scam: Her office stays closed after SEBI bar
A LOCK stares at you at 402-403, Shashwat Building, Ahmedabad, the address provided by Ms Roopalben Panchal, one of the barred investors who had allegedly manipulated allotment of shares in the YES Bank initial public offer. Neighbours tell you ... More

UTI Bank: Buy
AN INVESTMENT can be considered in UTI Bank. Given the growth recorded by the bank in the past several quarters and the continuing momentum, the stock's valuation is attractive. The bank's increasing thrust on the retail segment and a ... More

INTEREST RATES

Canara Bank hikes term deposit rates
CANARA Bank has hiked domestic term deposit rates, effecting an increase of 50 basis points for maturities up to two years. A release said that the term deposit rates between 46 days and 90 days are now 5 per cent, and 5.75 per cent for two ... More

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