BUSINESS
Inflation to stay benign, say minutes of RBI MPC, as food prices ease and crude cools off
The MPC now projects CPI inflation for 2025-26 to average 4.0%, with quarterly readings expected to range between 3.6 and 4.4%
BUSINESS
Global headwinds pose downside risk to India’s growth: RBI MPC minutes
The RBI revised its GDP growth projection for 2025-26 slightly downward to 6.5%, citing heightened global trade tensions, softening external demand, and growing investment uncertainty.
BUSINESS
High small savings rates a potential concern for bank deposit growth, says RBI bulletin
These rates, currently 16-66 basis points above formula-based levels, could pose a challenge for bank deposit growth in a rate-easing cycle where deposit rates are expected to decline, says RBI
BUSINESS
Only 138 of 725 NBFC-ICC applications approved by RBI since 2021
About 468 applications were either returned or withdrawn by the applicants, while 66 were rejected outright.
BUSINESS
Deloitte foresees more banks expanding wealth management services to mid- and high-income groups
In an interaction with Moneycontrol, Deloitte India partner Himanish Chaudhuri also said that public-private partnerships are expected to enhance and accelerate value-added services in Indian banking apps.
BUSINESS
In-demand ULIPs drive topline, but insurers cautious to limit over-exposure
ULIPs being market-linked, are inherently volatile and have relatively lower margins and persistency ratios, insurers have said hinting that they aim to reduce its share further, to achieve a more ‘balanced’ product mix.
BUSINESS
HDFC Life eyes protection growth and unit-linked moderation in FY26: CFO Niraj Shah
CFO Niraj Shah also says he anticipates the company transitioning to a risk-based capital regime within the next 12 to 18 months
BUSINESS
Yes Bank follows industry leaders, cuts savings rates to boost profitability: CEO Prashant Kumar
Prashant Kumar also sidestepped questions on October leadership reappointment, says board holds decision-making authority
BUSINESS
Nearly half of Indians still skip term insurance: Policybazaar report
Jargon-filled terms and conditions and lack of clear communication from insurers have made insurance a product that people either delay or avoid altogether, the report added.
BUSINESS
Pramerica Insurance retains Rs 3,000-crore FY26 target despite MFI slowdown impact: CEO
Pankaj Gupta also says the company is set to significantly boost its ULIP portfolio, aiming to increase its exposure from 10 percent in FY25 to 25-50 percent by FY28.
BUSINESS
Term insurance purchases by self-employed surge 58% in FY25
Policybazaar data reveals over Rs 1-crore cover gaining traction among Gen z and Millennial entrepreneurs
BUSINESS
Non-life insurers’ premium grows 6.2% in FY25 at Rs 3.08 trillion
Gross direct premium underwritten crosses Rs 3.07 lakh crore, with standalone health insurers seeing a 15.99 percent annual growth
BUSINESS
Economists see 75–100 bps rate cuts as RBI trims FY26 GDP growth forecast to 6.5%
Despite domestic strengths, the RBI’s Monetary Policy Report cautioned against external risks such as rising protectionist measures, geopolitical tensions, supply chain pressures, and volatile global financial conditions.
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.
