FM talks tough, tells insurers to stop mis-selling & keep schemes simpler
feBureau : New Delhi, Tue Feb 05 2013, 02:34 hrs
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The decline in insurance premium contributed to the decline in the household financial savings to 22.3% of GDP in 2011-12 from 23.5% in the previous year even as the country's overall gross savings rate fell to 8-year low of 30.8% of GDP last fiscal from 34% in 2010-11.
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