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Savers with cash in low-interest accounts will be blitzed with offers to invest their money instead.
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News and Media
ICICI Prudential Life Insurance reported a 34% surge in first-quarter profit, reaching 3.02 billion rupees, driven by increased group policy premiums and reduced operating costs. Net premium income rose 8% to 85.03 billion rupees, fueled by a 20% jump in single premiums. However, growth in ULIPs slowed due to market volatility, while annualized premium equivalent sales fell 5% to 18.
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News and Media
Bank of Maharashtra announced a net profit of Rs 1593 crore for Q1 June 2025, marking a 23% year-over-year increase. Total income rose by 16% to Rs 7879.18 crore, although other income saw a slight decrease. Asset quality remained stable with gross NPA at 1.74% and net NPA at 0.18%.
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News and Media
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