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Malvika Sundaresan

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Gross FDI rises 5% in April-May but net inflows slip on $0.8 billion outflow

BUSINESS

Gross FDI rises 5% in April-May but net inflows slip on $0.8 billion outflow

Foreign portfolio investment inflows into emerging market economies remained strong in May and June, amid improved global risk sentiment

What led to the selloff in PB Fintech shares: IRDAI's regulatory action explained

BUSINESS

What led to the selloff in PB Fintech shares: IRDAI's regulatory action explained

IRDAI's action dates back to June 2020 when it conducted a remote inspection of PolicyBazaar’s operations during its IWA tenure and found irregularities in how it managed the sales processes, disclosures, partnerships, and premium flows.

Future Generali is now Generali Central after Central Bank stake buy, with focus on serving SME borrowers

BUSINESS

Future Generali is now Generali Central after Central Bank stake buy, with focus on serving SME borrowers

Despite Central Bank’s recent stake acquisition, Generali Central Insurance does not expect a significant near-term boost in business from bancassurance business, or insurance policies sold through the banking channel.

Banks likely to re-evaluate corporate, SME lending plans as US tariffs hit exports

BUSINESS

Banks likely to re-evaluate corporate, SME lending plans as US tariffs hit exports

While credit demand from corporates has already been sluggish over the past two quarters, bankers say the new trade headwinds could further delay recovery in the segment.

Motor stumbles, health surges as general insurers prioritise margin over growth in Q1

BUSINESS

Motor stumbles, health surges as general insurers prioritise margin over growth in Q1

Motor insurance saw a pull back, fire made a comeback and health continued to grow in the June quarter as ICICI Lombard, SBI General, Shriram General and Niva Bupa adapted to pricing and policy shifts

ICICI Lombard scaled down motor, fire insurance coverage over pricing pressure: CFO Gopal Balachandran

BUSINESS

ICICI Lombard scaled down motor, fire insurance coverage over pricing pressure: CFO Gopal Balachandran

ICICI Lombard CFO Balachandran told Moneycontrol growing those segments may not make financial sense, citing stagnant third-party premium rates over the past 4-5 years.

Distributors opting for short-term health plans over long term post commission rule change: Niva Bupa CEO

BUSINESS

Distributors opting for short-term health plans over long term post commission rule change: Niva Bupa CEO

Krishnan Ramachandran, CEO, says the health insurer’s internal goal is to grow 5-10 percentage points faster than the overall health insurance industry

If I were Allianz, I’d be more worried about retaining Go Digit than the other way around: Chairman Kamesh Goyal 

BUSINESS

If I were Allianz, I’d be more worried about retaining Go Digit than the other way around: Chairman Kamesh Goyal 

Addressing concerns over the Allianz-Jio reinsurance JV, Goyal said Allianz intends to continue its partnership with Go Digit, and the existing contract allows no mid-term changes, Goyal says

IDFC First shareholders grant Warburg affiliate board seat, reversing earlier decision

BUSINESS

IDFC First shareholders grant Warburg affiliate board seat, reversing earlier decision

While Currant Sea’s board nominee has not yet been disclosed, this marks a significant change in shareholder sentiment from May 2025, when a similar resolution was voted down.

PSU lenders’ average valuation surged 225% over five years on improved financials and asset quality

BUSINESS

PSU lenders’ average valuation surged 225% over five years on improved financials and asset quality

According to data compiled from 11 major PSU banks, their average price-to-book (P/B) ratio has jumped from 0.35 in March 2020 to 1.14 in July 2025.

Not in a hurry to burn our fingers, says CEO Aggarwal after Shriram General gives crop tender bids a miss

BUSINESS

Not in a hurry to burn our fingers, says CEO Aggarwal after Shriram General gives crop tender bids a miss

Anil Kumar Aggarwal says the insurer is targeting a full-year premium of Rs 4,600 crore and could reach Rs 5,000 crore if demand picks up during the upcoming festival season

IndusInd Bank chairman assures investors about CEO hunt

BUSINESS

IndusInd Bank chairman assures investors about CEO hunt

Chairman Mehta says, the bank has followed due process and timelines in submitting its recommendations, which remain consistent with its original proposal

Why IRDAI wants insurers to appoint an in-house ombudsman and what it means for policyholders

BUSINESS

Why IRDAI wants insurers to appoint an in-house ombudsman and what it means for policyholders

The insurance regulator has released a draft framework to mandate internal ombudsmen within insurance companies, and is expected to finalise the regulations by Q3FY26. Moneycontrol explains everything you need to know.

Kotak Mahindra Bank flags stress in vehicle loans, resumes microlending cautiously

BANKING

Kotak Mahindra Bank flags stress in vehicle loans, resumes microlending cautiously

Bank sees MFI stress peaking, cautiously restarts disbursements across key States

Bajaj Finance curtails Karnataka exposure by up to 50%, amid political, regulatory risk: MD Rajeev Jain

BUSINESS

Bajaj Finance curtails Karnataka exposure by up to 50%, amid political, regulatory risk: MD Rajeev Jain

Karnataka accounted for 11 percent of the company’s balance sheet, making this a significant recalibration

Ajay Seth named IRDAI chairman for three-year term

BUSINESS

Ajay Seth named IRDAI chairman for three-year term

His appointment was confirmed through an official government notification, and he will hold the position for a tenure of three years.

MC Explainer | Tesla’s India entry puts spotlight on EV battery insurance: What it is and why it matters 

BUSINESS

MC Explainer | Tesla’s India entry puts spotlight on EV battery insurance: What it is and why it matters 

As Tesla drives into India, Moneycontrol unpacks the evolving landscape of EV battery insurance and what it means for insurers, automakers, and consumers alike

SBI eyes spot among top 10 global banks by market cap in 5 years: Chairman CS Setty

BANKING

SBI eyes spot among top 10 global banks by market cap in 5 years: Chairman CS Setty

Setty says investor response to SBI’s QIP was beyond expectations

India's data rules may force Tesla to take China route for car insurance plan

TECHNOLOGY

India's data rules may force Tesla to take China route for car insurance plan

While Tesla is globally known for its real-time, telematics-powered insurance model, regulatory and data privacy constraints in India may force it to follow a more conservative model

M&M Financial Services' Q1 net profit rises 6% to Rs 529 crore

BUSINESS

M&M Financial Services' Q1 net profit rises 6% to Rs 529 crore

The company’s total consolidated income rose sharply to Rs 5,013 crore in Q1 FY26, marking a 15 percent year-on-year increase from Rs 4,355 crore in Q1 FY25

Axis and Kotak Mahindra Bank report easing employee churn in FY25 even as absolute attrition stays high

BUSINESS

Axis and Kotak Mahindra Bank report easing employee churn in FY25 even as absolute attrition stays high

Junior-level churn falls across lenders and private banks saw some breather in pace of attrition in FY25, lowest since FY22

IRDAI Chairperson search hits roadblock as top candidates refuse to move to Hyderabad

BUSINESS

IRDAI Chairperson search hits roadblock as top candidates refuse to move to Hyderabad

Despite the ongoing process, top candidates are reportedly declining the offer due to unwillingness to relocate to Hyderabad, where the IRDAI is headquartered in the Financial District of Nanakramguda, Gachibowli.

HDFC Bank expects branch expansion to normalise in FY26, sees margin revival by FY27

BUSINESS

HDFC Bank expects branch expansion to normalise in FY26, sees margin revival by FY27

The bulk of the groundwork to expand reach through branch expansion is now largely complete, bank's CFO said

SMBC stake deal likely to conclude by September, says Yes Bank CEO Prashant Kumar

BUSINESS

SMBC stake deal likely to conclude by September, says Yes Bank CEO Prashant Kumar

SMBC has filed with both the Reserve Bank and the Competition Commission for regulatory approvals

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