Denemek ALTIN - Özgür
Compare loan terms against FD, gold, and topup loan options
Business Standard
|September 16, 2025
Insurance companies are increasingly offering secured loans to policyholders using their insurance policies as collateral.
According to media reports, the loan outstanding in this segment stood at %1.35 trillion at the end of 2024-25. Life Insurance Corporation (LIC) is the largest player in this segment. Many private insurers have recorded over 25 percent year-on-year growth on their smaller base.
Meet liquidity needs
A loan against insurance policy allows customers to meet their temporary funding requirements. “Meanwhile, the life insurance policy continues to secure the borrower's financial future by providing protection,” says Rajeev Chugh, chief financial officer, Generali Central Life Insurance.
Bu hikaye Business Standard dergisinin September 16, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
Zaten abone misiniz? Oturum aç
Business Standard'den DAHA FAZLA HİKAYE
Business Standard
AI may boost global trade by nearly 40% by 2040: WTO report
Artificial intelligence (AI) could boost the value of trade in goods and services by nearly 40 per cent by 2040, but without adequate policies it could also exacerbate economic divides, a new World Trade Organization (WTO) report warned on Wednesday.
1 mins
September 18, 2025
Business Standard
Hyundai to hike employee salaries by ₹31,000 per month over 3 yrs
Hyundai Motor India Limited (HMIL) on Wednesday signed a long-term wage-settlement agreement with the United Union of Hyundai Employees (UUHE), valid for a period of three years between 2024 and 2027.
1 min
September 18, 2025
Business Standard
PFRDA proposes key changes to NPS exit, withdrawal rules
The Pension Fund Regulatory and Development Authority (PFRDA) has proposed amendments on exits and withdrawals under the National Pension System (NPS), including extending the time-frame for the onetime, one-way switch from Unified Pension Scheme (UPS) to NPS.
1 min
September 18, 2025
Business Standard
RBI sets up cell to review rules every 5-7 years
The formation of the advisory group is intended to strengthen stakeholder engagement in the regulatory process and to leverage industry expertise on an ongoing basis.
1 min
September 18, 2025
Business Standard
'Hoped for more progress' in talks with India: EU trade chief
European Commission President Ursula von der Leyen saysaid both sides are committed to finalising the trade agreement by year end
2 mins
September 18, 2025
Business Standard
Invest amid valuation comfort, robust earnings growth prospects
The midcap segment of the equity market continues to command investors’ attention. Midcap funds recorded inflows of 5,330 crore in August 2025 —the highest ever in asingle month, according to the Association of Mutual Funds in India (Amfi).
2 mins
September 18, 2025
Business Standard
PSBs disbursed loan in 1 of 4 applications till Aug
Track record
2 mins
September 18, 2025
Business Standard
Reliance on MNCs for strategic audits must be reduced: MCA
INDIA AIMS TO CUT RELIANCE ON GLOBAL AUDIT FIRMS BY PROMOTING HOMEGROWN MULTI-DISCIPLINARY PARTNERSHIPS, REFORMING REGULATIONS, AND BOOSTING DOMESTIC COMPETITIVENESS
2 mins
September 18, 2025
Business Standard
CBDT issues SOP to track capital gains from JDAs
The Central Board of Direct Taxes (CBDT) has issued a standard operating procedure (SOP) for assessing capital gains on joint development Agreements (JDAs) under Section 45(5A) of the Income Tax Act to plug revenue leakages in the real estate sector.
1 mins
September 18, 2025
Business Standard
EU unveils new strategic agenda to expand ties with India
The European Union (EU) on Wednesday unveiled a new strategic agenda to significantly ramp up its engagement with India in a range of key areas such as defence, trade and energy, and to jointly tackle major global challenges.
1 min
September 18, 2025
Listen
Translate
Change font size