Banking

Private life insurers clock strong February growth; Axis Max Life, Canara HSBC lead

Among listed insurers, performance was mixed but largely positive on the APE front

Why India is seeking US clarity on insurance cover for ships passing through the Strait of Hormuz

The discussions come amid fears that the withdrawal of war-risk insurance and rising maritime security risks could disrupt crude oil shipments to India, which relies heavily on supplies from the Gulf.

Rupee closes at a new low of 92.34 on crude surge worries

The rupee can fall to 93 if the Brent continues to rise, analysts said

Outlook for interest rates remains tilted for prolonged pause: DBS Senior Economist Radhika Rao

In an email interview with Moneycontrol, DBS’ Rao warned of an upside to inflationary pressures in the coming months, should oil prices remain elevated at more than $70 per barrel for a sustained period of time.

Bond yield up 7 bps; crude blows past $100 on worsening Iran war

The benchmark 10-year bond yield was trading at 6.7518 percent on March 9

Rupee plunges 47 paise to Rs 92.21 against dollar as oil crosses $100

The currency was hovering close to the record low of Rs 92.31, which it touched last week, as world stares at an oil shock

Banking Central | RBI’s digital transactions draft offers fraud protection to customers, shifts onus on lenders

The most important feature of the draft is the introduction of a compensation mechanism for small-value digital frauds, which account for the largest share of such unauthorised transactions

RBI fires $12 billion defence as Middle East war sends rupee to record low

The RBI’s heavy intervention comes against the backdrop of India’s foreign-exchange reserves, which at over $723 billion, are among the largest in the world.

IRDAI’s zero-tolerance fraud push forces insurers to invest in AI-led monitoring before April 2026

With the April 2026 deadline approaching, insurers are expected to accelerate investments in digital fraud detection systems and cross-industry data sharing platforms as the sector transitions towards real-time fraud governance

Insurers, IRDAI hunt for actuaries as Ind AS rollout nears

While the reform aims to improve transparency and global comparability of financial statements, it also requires deep integration of actuarial modelling with finance and accounting functions, a capability that remains scarce in India’s insurance sector

Bonds yields hold near 6-week low, US-Iran war, crude in focus

The benchmark 10-year bond yield was trading at 6.6462 percent on March 6

Rupee opens 5 paise lower at Rs 91.65 against dollar, oil continues to rise on worsening US-Iran war

The local currency declined marginally on March 6, after rallying more than 50 paise in the previous session

Volatile rupee shifts spotlight on banking system liquidity

The rupee sank to new intraday low of Rs 92.30 on March 4 on rising crude prices and growing concerns around widening West Asia conflict

Bonds steady, traders track US-Iran war for cues

The benchmark 10-year bond yield was trading at 6.6704% against the previous close of 6.6732%, stabilising after a volatile session on March 4

Rupee recovers 50 paise to dollar at Rs 91.57, crude in focus as US-Iran war intensifies

The Reserve Bank of India likely intervened in the spot and NDF markets to arrest further fall in rupee, traders say

Central Bank of India receives CCI nod for increased stakes in Generali Insurance companies

The uniform 26 percent shareholding in both companies will provide the bank with enhanced influence in the strategic direction of these insurance entities while maintaining compliance with regulatory ownership limits, according to the filing

Indian rupee’s record low sparks fears of more downward bias, to test Rs 93 level soon, say analysts

The local currency lost nearly 70 paise on March 4 in one of the largest single-day drops in recent months

India was DBS’ fastest growing sustainable finance market in 2025: DBS Bank’s Head of Sustainable Finance

When it comes to sustainable finance, the Singapore-headquartered bank is the first port of call for many corporates across the globe, says Shilpa Gulrajani

Indian bonds fall 5 bps on raging conflict in the Middle East

The benchmark 10-year bond yield was trading at 6.7238 percent on March 4

Piramal Finance and IIFL in exploratory talks for an MFI deal: Sources

EY is said to be conducting a due diligence on IIFL Samasta Finance. IIFL Capital and DAM Capital have been appointed as bankers to the deal.

Indian rupee breaches Rs 92 per dollar to hit record low amid Middle East tensions

The local currency was down more than 60 paise on March 4

Chart of the Day | Credit card euphoria fades -- growth slows to a crawl

It appears that unsecured retail lending is no longer running ahead of the system

Can the Middle-East war undo MPC’s hard-won inflation gains?

With the Strait of Hormuz shut and war continuing, the oil shock is no longer just a tail risk for India’s monetary policy

US-Iran conflict: Travel insurance under pressure as over 3,000 flights cancelled

Passengers stranded in transit cities are facing rising accommodation costs and limited onward connectivity options

Iran-US Conflict: Reinsurers assessing tightening of war-risk cover, India's foreign P&I reliance in focus

As war-risk exposures rise across West Asian shipping corridors, reinsurers and global P&I pools are likely reassessing coverage in high-risk regions. For Indian insurers and shipowners, this shift is significant