The amendments also clarify that the prohibition on creating encumbrance or charge on assets backing policyholders’ liabilities will not apply to repo, reverse repo and securities lending transactions, providing insurers greater operational flexibility in managing liquidity.
NTPC Q3 Results: Cons PAT jumps 8% YoY, revenue rises 2%; Rs 2.75/share dividend announced
NTPC posted over 8% growth in December-quarter profit on modest revenue gains and lower expenses, with sequential improvement in earnings. The state-run power major also