Public sector insurer The New India Assurance Co Ltd (NIACL) has been reclassified as a 'public shareholder' of Axis Bank from being a 'promoter' earlier.
As people were forced to remain indoors for most of the year due to the lockdowns, there was an unlikely winner in the pandemic-ravaged year household savings which rose to 22.5 per cent of GDP from 19.8 per cent in 2019.