IndiaInsurance
15th September 2009, 02:48 AM
The global financial crisis might have created an upheaval in the local stock markets, but domestic insurance companies gained a whopping Rs 40,942 crore in the bourses during the one-year period between August 21, 2008 and August 21 this year. During the period, the market capitalisation of bank stocks held by insurance companies increased 103.2% to Rs 43,097 crore on August 21, 2009, from Rs 21,212 crore recorded in the year-ago period.
More... (http://in.biz.yahoo.com/090914/50/bau6q3.html)
More... (http://in.biz.yahoo.com/090914/50/bau6q3.html)