Global insurer Chubb explores India re-entry after two decades
Sources indicate the company is likely exploring the general insurance business, though finer details are likely to evolve in the next 6-9 months
RBI to conduct Rs 2 lakh crore 7-day VRRR auction on April 17
"In view of the surplus transient liquidity conditions prevailing, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on Friday, April 17, 2026," the RBI said.
GST cut to zero lifts standalone health insurers’ market share to 13.6% in FY26 from 12.5%
The gains for standalone health insurers may have come at the expense of general insurers, whose market share slipped to 82.9% in FY26 from 83.9% in FY25
ICICI Lombard addresses high solvency, says 2.7x buffer will fund growth
Yet, ICICI Lombard's management indicated that this buffer will not remain untouched for long.
Wall Street banks cut 5,000 jobs even as they notched record profits
During the quarter, the six top US banks racked up $47.3 billion of net income as markets gyrated on a series of geopolitical jolts, boosting revenue from fixed-income and stock trading
Q4 FY26 Results: ICICI Lombard PAT rises 7.3% yoy, combined ratio at 101.2%
A key metric for general insurers, the combined ratio improved to 101.2 percent in Q4 FY26, compared to 102.5 percent in Q4 FY25
Bank funding gains ground as NBFC bond issuances taper: Crisil Ratings
Maintaining a diversified funding mix will be critical for NBFCs to navigate shifting interest rate cycles and macroeconomic volatility, Crisil says
RBI holds talks with banks on ways to boost deposits
RBI has asked banks for ideas to attract bigger, stable deposits as savings shift to equities, raising funding costs and liquidity pressure.
IRDAI weighs commission revamp, seeks granular insurer data
Executives say the details sought by the regulator point to a diagnostic exercise rather than a routine data call, with IRDAI attempting to map how incentives flow through the system and where distortions may be emerging
ICICI Prudential pivots to micro-market strategy as agency channel slowdown persists
Bagchi attributed the weakness to a high base effect from previous years, while maintaining that the longer-term growth trajectory remains intact
Are SBI, HDFC, ICICI, Yes Bank closed today on April 15 for Rongali Bihu, Poila Baisakh? Check city-wise RBI holiday list
Bank holiday on April 15: The Reserve Bank of India (RBI) categorises bank holidays into three types: those under the Negotiable Instruments Act, RTGS holidays, and bank account closing days.
ICICI Prudential Life Q4 profit up 58% at Rs 609 crore; VNB grows 11% to Rs 2,629 crore
The company reported Value of New Business (VNB) of Rs 965 crore in Q4FY26, while FY26 VNB grew 10.9 percent year-on-year to Rs 2,629 crore, with a margin of 24.7 percent.
Are banks open or closed today for Ambedkar Jayanti, Vishu, Baisakhi? Check state-wise April 14 list
April 14 bank holiday news: Branches will remain open in Aizawl, Bhopal, Itanagar, Kohima, New Delhi, Raipur, Shillong and Shimla, in line with the RBI calendar.
Ujjivan Small Finance Bank says RBI returned universal bank bid
The regulator has advised the bank to reapply after demonstrating a more diversified portfolio, Ujjivan SFB said
Marquee investors partially exit Turtlemint via IPO OFS; Peak XV, Nexus book 14x returns
IPO comprises OFS of 28.6 million shares, significantly larger in quantum than the fresh issue of Rs 6,607 million, with promoters also offloading 4.3 million shares
IRDAI’s health insurance reset enters 3-stage reform cycle; sub-committee sets 6- to 18-month roadmap
While recommendations from the subcommittee may come relatively quickly, sources indicated, meaningful on-ground impact on hospital billing, claim settlement and product design is unlikely before 2027 in full form
RBI checks if banks shifted rupee arbitrage trades to corporates during unwind
RBI is scrutinising how large banks unwound rupee arbitrage trades amid concerns some deals may have breached rules and hurt currency support efforts.
Banks to face funding cost pressure in Q4, margins to remain rangebound
The gap between credit and deposit growth is resulting in higher cost pressure, which is in turn percolating into bank margins
Will banks remain closed on April 14? See RBI's city-wise holiday schedule
Bank holiday latest news: Despite branch closures, digital banking services such as ATMs, net banking, and UPI will continue to function normally.
Bank stocks have worst start to year since 2023 as results loom
Bank shares fell as much as 1.1% on Friday, although the bank index has rallied recently, climbing around 7% since the beginning of April.
RBI proposes to include PSUs in upper-layer NBFCs
As per the draft 'Reserve Bank of India (Non-Banking Financial Companies' Registration, Exemptions and Framework for Scale Based Regulation) Second Amendment Directions, 2026', upper layer NBFCs will be those having assets of over Rs 1 lakh crore.
Avendus Wealth CIO Saurabh Rungta to step down; second big exit this month
Rungta’s is the second senior person to leave in April after the parent, Avendus Capital, sealed a deal with Japanese investment bank Mizuho Securities
Why ‘too big to fail’ insurers matter and how IRDAI classifies D-SIIs
IRDAI reviews and tags systemically important insurers every year to ringfence financial stability, given their size, government backing and market dominance
Private insurers lead March provisional numbers; general insurance premiums rise 8.78 percent to Rs 28,921 crore
General insurance industry closed March on a steady note, with private sector players continuing to outpace public insurers in growth, even as the overall market expanded in high single digits
SBI overtakes ICICI Bank to become India's No.2 lender by market cap in Q4
The broader banking sector saw widespread pressure, with 18 of the 20 largest listed banks witnessing a decline in market capitalisation
