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rbi: Shares of PSU insurers jump upto 20% on improved outlook : comparemela.com
rbi: Shares of PSU insurers jump upto 20% on improved outlook
Analysts believe that the recent RBI's risk-weight revisions for banks and NBFCs may also have supported insurance company shares. The RBI's action raised the risk weights to 125% for NBFCs and 150% for banks, which will affect their profitability.
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