LIC: $554billion assets: LIC moves up international rankings

[ad_1] MUMBAI: With nearly $554 billion, LIC has moved up in the rankings of insurers in terms of non-bank assets. Despite depreciation of the rupee, it is ranked 12th as…

AIFs: AIFs may aid roll-over of stressed loans: Reserve Bank of India report

[ad_1] NEW DELHI/MUMBAI: The RBI’s recent regulatory actions on regulated entities investing in alternatives investment funds (AIFs) are meant to check evergreening and check possible spillover effects on the financial…