Business Economy


HDFC Life declares Rs 4,102 cr bonus for policyholders

Mumbai, June 10 (UNI) HDFC Life has announced a bonus of Rs. 4102 crore, the highest-ever bonus declared by it on its participating policies, benefiting over 21.90 lakh policyholders, according to a statement issued on Tuesday.

From the total bonus declared, an amount of Rs 3,232 crore will be payable to policies in the current financial year as part of survival or maturity payouts and the remaining will accrue as policy benefits and will be paid when these benefit payments are made in subsequent financial years.

The annual bonus declared by HDFC Life has approximately doubled every four years, thus reflecting consistent growth in with-profits fund performance and policyholder value. The company has declared a total cumulative bonus amount that exceeds Rs 22,500 crore across all eligible participating policies since inception.
UNI AAA PRS
More News

Kushal’s targets 300 stores in next three years

16 Jul 2025 | 9:43 PM

Bengaluru, July 16 (UNI) Kushal’s Fashion Jewellery, a leading name in India’s fashion and silver jewellery segment, has celebrated a landmark achievement with the opening of its 100th retail store, located at Nexus Koramangala Mall in Bengaluru. The milestone was marked by a grand celebration featuring Bollywood actress Nushrratt Bharuccha, who inaugurated the store.

see more..

Fino introduces “GATI” savings account to penetrate UPI transactions in Bengal

16 Jul 2025 | 9:02 PM

Kolkata, July 16 (UNI) Having made banking easy, simple and convenient, Fino Payments Bank is now focusing on making customers transact instantly right after opening a new bank account.

see more..

Consumer Commission orders Bajaj Allianz, J&K Grameen Bank to pay flood claim of a shopkeeper

16 Jul 2025 | 8:06 PM

Srinagar, July 16 (UNI) The District Consumer Disputes Redressal Commission Baramulla and Bandipora has ruled in favour of a local shopkeeper in a case related to the non-settlement of an insurance claim following the devastating floods of September 2014.

see more..

Marengo Asia hospital launches MAIINS

16 Jul 2025 | 8:05 PM

Gurugram/New Delhi, July 16 (UNI) Marengo Asia Hospitals today announced the launch of the Marengo Asia International Institute of Neuro & Spine (MAIINS) in Gurugram, marking a pioneering step in transforming neuroscience and spine care.

see more..

UK inflation soars unexpectedly to 18-month high

16 Jul 2025 | 6:24 PM

New Delhi, July 16 (UNI) The United Kingdom’s (UK) annual rate of inflation rose unexpectedly to the mark of 3.6 per cent in June.

see more..