BUSINESS
Trump tariffs: India relatively better placed due to low export dependency, says RBI governor
India’s exports to the US are pegged at roughly 2 percent of its GDP, China's is 19 percent and Germany37 percent
BUSINESS
IndusInd crisis an episode and not failure, banking system is secure, says RBI governor
An investigation is underway and based on its findings, appropriate action will be taken and those responsible identified, RBI Deputy Guv Swaminathan Janakiraman has said
BUSINESS
Insurance Q4 FY25 outlook: Muted quarter likely owing to margin pressure, weak growth
Life insurers may see lower VNB margins, while general insurers may face weak profits due to high claims, analysts say.
BUSINESS
General insurance poised for 13% growth in FY26 despite under-penetration woes
This projected uptick comes as the industry grapples with persistent under penetration challenges
BUSINESS
MC Exclusive | Warburg expected to lead troubled MFI Fusion Finance’s rights issue
However, sources say that Creation Investments, another stakeholder in Fusion, is hesitant to fully back the initiative.
BUSINESS
Standalone health insurers eye 20% growth in FY26 as retail segment expands
While retail health insurance will remain the cornerstone of growth, competition will continue to challenge pricing and profitability, says analysts.
BUSINESS
LIC refutes USTR's allegations of preferential treatment by govt
Its leadership is entirely due to the trust of policyholders, the company's commitment to excellence and its financial strength, LIC has said
BUSINESS
MC Exclusive | BimaPay Finsure to digitise loans against life insurance surrender values in a few months: CEO
Since life insurance penetration is four times higher than health insurance, this opens a massive new market for secured, low-interest loans, says Hanut Mehta
BUSINESS
India's exports to US could face net impact of $3.1 billion from reciprocal tariffs
While the direct effect appears limited at 0.1 percent ($3.1 billion) of India’s GDP, concerns persist over broader sentiment risks.
BUSINESS
Indian banks profits may dip in FY26 on margin squeeze, says CRISIL report
The report pegs credit growth at 12-13 percent but says deposit growth remain a critical bottleneck
BUSINESS
India’s corporate credit holds strong amid global risks, says Crisil report
The reaffirmation rate climbed to approximately 83% , surpassing the 10-year average of 82.5% for the first time since FY22.
BUSINESS
Kotak Private Bank is open to foreign collaborations provided visions align, says Kotak Private Bank CEO Oisharya Das
Speaking to Moneycontrol, Das said, Kotak Private will continue to target clients with $1 million and above, and will continue to focus on this high-value segment, as there is massive potential to capitalise on
BUSINESS
Indian insurance companies keen on going solo, no longer seeking FDI support
Unlike the early 2000s when Indian firms leaned on foreign expertise, today’s players seem confident in their own capabilities and see less need for overseas support.
BUSINESS
Only two insurers comply with Bima-ASBA framework, others in talks with IRDAI for deadline extension
Top insurers such as Life Insurance Corporation, HDFC Life, ICICI Prudential Life and SBI Life have not gone live with Bima-ASBA as of now.
BUSINESS
IRDAI appoints 5 new members to Insurance Advisory Committee
The appointments will be effective from the date of publication in the official gazette, the release said
BUSINESS
NRI deposits surge by 40.8% to $14.31 billion in April-January FY25, says RBI bulletin
According to the latest RBI bulletin for March 2025, FCNR(B), NR(E)RA, and NRO have experienced growth in both inflows and outstanding amounts
BUSINESS
LIC in talks with RBI to introduce 100-year bond
This move comes after the RBI approved the issuance of 40-year bonds
BUSINESS
Discussions in final stage to buy stake in health insurance company: LIC CEO
The move aligns with the insurer's strategy to diversify its product offerings and expand its presence in the broader insurance space, says Siddhartha Mohanty
BANKING
Banks need to identify roadmaps for timely capital raising: DFS secretary Nagaraju
He also said that banks also need to do efficient allocation of resources besides striving to bring down intermediation costs
BANKING
IBA must drive innovation, strengthen regulation for Viksit Bharat: DFS secretary Nagaraju
Nagaraju highlights the need for the association to establish uniform ethical and operational standards, facilitate policy dialogue with the government
BUSINESS
Shriram Capital to use its existing depositor base for wealth management JV with Sanlam
A significant portion of its customers already possess investible surplus, making them potential clients for wealth products, says Shriram Capital's Subhasri
BUSINESS
Non-life insurance premiums drop 2.82% in February; health insurers lead growth
The drop comes as general insurers faced subdued growth, while standalone health insurers posted strong gains
BUSINESS
Life insurers’ new business premiums dips 11.6% in February as LIC sees sharp decline
LIC leads the decline with a 22% drop in premiums, while private insurers see mixed performance
BUSINESS
IRDAI warns private insurers over rising commission payouts in health and motor insurance, seeks action ahead of 2026 review
The regulator's concerns stem from the fact that despite the relaxation of commission payout limits in April 2023, the expected reduction in insurance premiums has not materialised, with the policy costs remaining high.
