India’s health insurance sector faces Rs 10,000-crore annual leakage due to fraud and abuse
Health insurance gross written premium has reached Rs 1.27 lakh crore in 2025 and is projected to nearly double to Rs 2.6-3 lakh crore by 2030, a BCG report said
Rupee opens 26 paise higher at 89.15/USD on likely RBI support
On November 21, the local currency depreciated to a record low of 89.49 against the US dollar due to outflows from foreign investors from Indian equities, uncertainty over a US-India trade deal, and absence of RBI's support sparked the slide in the rupee.
Rupee’s slide past 89 to the dollar: Why it happened, what it means for stakeholders
A record-low rupee signals more than currency volatility
ED records statement of industrialist Vikas Garg in Rs 190 crore customs duty fraud
The probe concerns the alleged duty-free import of goods shown as exports on paper but diverted to the domestic market, causing an estimated Rs 190 crore loss to the government.
Why Bima-ASBA’s adoption may be stuck in limbo
While early adopters have shown the system can work, several insurers seem to continue to grapple with legacy infrastructure, complex bank and UPI integrations and concerns over near-term cash-flow disruption.
Indian rupee hits record low of 89.46 against US dollar on high greenback demand
With this fall, the local currency is down by 0.86 percent against the US dollar as compared to November 20. Indian rupee has seen a biggest intra-day fall of 67 paise, which is highest since May 8, 2025, when it depreciated 89 paise.
Limited uptake hobbles ambition for India's National Health Claims Exchange
People close to the matter said insurers are largely in testing mode, evaluating the cost benefits and operational readiness of the standardised claims infrastructure before committing to full-scale migration
Rupee opens 3 paise up on higher Asian currencies
India’s private banks get another shot at wealth as Deutsche Bank queues up to exit
India’s wealth management industry is a hot bed for growth right now
Financial instability brings bigger long-run consequences than any short-term gains, says RBI Governor
On the Indian rupee front, governor said that the central bank do not target any levels for the local currency and current depreciation is due to uncertainty due to trade leading to rise in demand for dollars.
MC Poll: RBI MPC may cut rates by 25 bps in December meet as low inflation offers comfort
The MPC will meet between December 3 and 5 for another round of rate setting deliberations.
Rupee opens 4 paise down on rising dollar index amid hawkish Fed outlook
Dollar index, which measures the greenback's strength against a basket of six major currencies, rose to 100.277 in the morning from the previous close of 100.228.
Billionaire-backed IndusInd Bank plans sweeping overhaul after probe
IndusInd’s shares have dropped about 12% this year, compared with a 9% rise in the S&P BSE Sensex Index
PMO meeting on PSB reforms soon as Centre eyes Indian banks among world's top 20: Report
Privatisation of two public lenders, which was announced back in 2021-22, may return to the discussion table
SBI Chairman CS Setty suggest creating National Financial Grid to connect credit bureaus, UPI, e-KYC
He added that Unified Lending Interface (ULI) itself can transform the national financial grid.
Despite GST 2.0 cuts, many policyholders say they face higher insurance premiums; 43% report no benefit
While large players such as LIC have publicly stated that they can absorb the impact, the broader industry remains wary of margin pressure, evolving cost structures, and potential product-level recalibration
DCB Bank flexes its growth potential, but investors will reward delivery
The bank has the right mix of granularity in both deposits and loans
60% of India's borrowers struggle to pay back: How to escape the debt trap and protect yourself from aggressive lenders
India's debt crisis worsens, with 60% of borrowers struggling to pay, facing harassment, and trapped in high-interest cycles. Legal support and financial literacy are key to escaping this debt trap.
Pollution pushes health insurance claims up 14% post-Diwali across various cities as respiratory, cardiac cases surge
This comes amid long-standing discussions within the industry about introducing city-specific health insurance premiums that factor in air pollution levels as a key risk indicator.
‘Third party’ definition under motor insurance may be expanded to include owner-drivers
Sources say, this change is currently being circulated among stakeholders and if approved, is likely to be rolled out in the upcoming winter parliamentary session
Fusion Finance's covenant breach concerns resolved, expect normal audit remarks from FY27, assures CEO
Fusion Finance's CEO said the first tranche of rights issue of Rs 400 crore was fully utilised for disbursements, and not for write-offs. The second tranche of the rights issue will be received by December, which too will be utilized for disbursements.
India's record low retail inflation in Oct opens space for rate cut if H2FY26 growth weakens
India’s retail inflation eased sharply to 0.25 percent in October, its lowest level in the current series that began in 2013, down from 1.44 percent in September.
Banking system liquidity gains wiped out by RBI’s forex intervention, credit growth
Even as factors such as currency in circulation increase, forex interventions and increase in credit demand have been major drivers of a reduction in systemic liquidity. That said, liquidity still remained in the surplus zone -- at around Rs 2.11 lakh crore -- resulting in money market rates staying in the lower end of the curve.
Barclays Bank India to remain a wholesale-focused lender, says CEO Pramod Kumar
Barclays Bank India CEO Pramod Kumar said he is hopeful that the government will address the adverse tax treatment that foreign banks are subjected to, when they choose to operate as a branch in India.
