HDFC ERGO
HDFC ERGO launches Business Kisht Suraksha to protect MFIs and financial institutions against calamities and natural disasters ANI | Updated: Mar 04, 2021 14:13 IST
Mumbai (Maharashtra) [India], March 4 (ANI/NewsVoir): HDFC ERGO General Insurance, India s leading non-life insurance company in the private sector, announced the launch of Business Kisht Suraksha, a unique cover aimed at protecting the balance sheet of MFIs, financial institutions and banks in the event of a catastrophe or natural disaster.
With growing concerns of climate change and its effect on the environment, Business Kisht Suraksha aims to limit the impacts on the balance sheet of financial institutions, due to non-payment of EMIs by borrowers, resulting out of listed calamities such as floods, earthquakes, cyclones, etc.
HDFC ERGO launches Business Kisht Suraksha to protect MFIs and financial institutions against calamities and natural disasters business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.