Aathira Varier

Doraiswamy spoke about LIC's plans to maintain its VNB margin at 24-25% and target double-digit growth, its investment strategy and distribution network

RBI data showed banks mobilised $127.2 billion through FCNR(B) deposits, while analysts expect the inflows to support liquidity, credit growth and lower rates

Combined entity has a premium book exceeding Rs 6,600 crore, over 6 lakh digital partners and a presence across 98.57 per cent of India's pin codes

HDFC Life CEO Vibha Padalkar expects growth to return to early teens, with bancassurance, term insurance and non-par products driving expansion

Proposed registry will provide an interoperable access layer to verified insurance data, helping streamline policy servicing, claims and regulatory oversight

Private banks' deposits grew 13.8% in June, outpacing PSBs at 10.3%, while bank credit surged 16.5%, widening the gap with deposit growth

Differences between boards and management over priorities and strategy are prompting some private bank CEOs to opt out, raising concerns over leadership continuity

Average spending per card continues to face downward pressure as the pace of card issuance outpaces aggregate transaction volume growth

Fire insurance premiums fell 28.5 per cent YoY in April-July as steep discounts and strong reinsurance capacity intensified competition and raised profitability concerns

The company said IndiaFirst Life is likely to revisit its IPO plans after regulatory approval for BNP Paribas Cardif's stake acquisition and the new shareholder structure is in place

Jio Credit's AUM has crossed ₹30,000 crore and JioBlackRock's ₹21,000 crore as JFS expands lending, investments and insurance through technology and global alliances

International travel and overseas investments drove the increase in June, with equity and debt investment remittances more than doubling year-on-year to $456.7 million

Average monthly credit card spends rose to Rs 2 trillion in January-July 2026 from Rs 1.93 trillion in 2025, while cards outstanding increased to 122.86 million

Regulator's action on EOM breaches signals tighter scrutiny of operating and distribution costs, though experts expect limited short-term business impact

Gross direct premium underwritten by non-life insurers rose to ₹31,397.6 crore in July, as growth at multi-line general insurers moderated from the previous month

Bajaj Life Insurance CEO Tarun Chugh topped India's life insurance sector with ₹33.66 crore in FY26 as Irdai tightens scrutiny of executive pay and links incentives to customer outcomes

The Supreme Court's proposed longer mandatory cover could raise upfront costs and insurer commission pressure, while doing little to address uninsured commercial vehicles

Bajaj Life CEO Tarun Chugh earned Rs 33.66 crore in FY26, more than three times the remuneration of the next-highest-paid chief executive, as regulatory scrutiny of insurer executive pay increases

Life insurers' new business premium rose 20.7% in July, led by strong growth in LIC's group business and steady expansion by private insurers

State-owned LIC reported a 23 per cent rise in Q1FY27 net profit as premium and investment income grew, while value of new business surged 61.3 per cent