The number of farmers benefitting from the Pradhan Mantri Fasal Bima Yojana (PMFBY) may be on the rise, but general insurers catering to them have been bleeding. Loss ratios under this portfolio have risen to almost 150 percent due to climate-related crop damage. Large insurers like New India Assurance and […]
Peer-to-peer (P2P) lending platforms offer themselves an easy solution to borrow money for short-term requirements. This could be buying consumer electronics, medical emergency, repay credit card dues, home renovation, business loan, travel loan, or other such needs. They find it easier to borrow from P2P lending platforms compare to traditional […]
