Aathira Varier

Removal of GST on individual policies lifted life insurers' premium growth in FY26, but policy volumes remained subdued, highlighting rising ticket sizes rather than wider customer penetration

Bank credit to NBFCs rises sharply as shadow lenders shift funding sources amid high bond yields, supported by regulatory easing and improved banking liquidity

Bank reports decline in profit due to weak non-interest income, even as net interest income rises and asset quality and capital adequacy improve

Bank to strengthen retail franchise and Tier-1 presence by acquiring seasoned credit card portfolio from Standard Chartered amid broader retail strategy shift

Indian Bank reported a 5 per cent rise in Q4 FY26 profit, aided by strong NII growth and improved asset quality, though non-interest income declined during the quarter

RBI has issued revised lending norms for urban co-operative banks, capping unsecured loans and tightening housing loan rules to strengthen risk management practices

SBI Life Insurance to push policy sales in FY27, expects steady growth and stable margins despite regulatory changes and product mix shift

This trend suggests that lenders are prioritising credit discipline over growth, particularly in a macro environment marked by cautious lending

Nationwide capacity-building initiative aims to train 1.4 lakh UCB staff and strengthen governance, compliance and operational resilience in the sector

RBI clarifies overdue and asset classification for corporate credit cards under joint liability will apply only to firms, aiming to standardise reporting and ease bank capital load

Headcount cuts in FY26 reflect tech-led shifts in frontline roles

FY26 card spends up 12% to ₹23.62 trillion

SBI General targets 10% private market share, banking on retail growth and disciplined underwriting despite pricing pressures and rising acquisition costs

The bank's net interest income (NII) for the quarter rose 7 per cent year-on-year to Rs 1,671 crore, compared to Rs 1,563 crore in Q4 FY25

Irdai Chairman Ajay Seth advocates smart regulation and deregulation to balance compliance with growth and strengthen economic activity in India

In the fortnight, credit contracted by 2.1 per cent or Rs 4.39 trillion, while deposits contracted by 2.2 per cent YoY or Rs 5.81 trillion

India's outward remittances under LRS surge in February, led by travel and investments, even as education-related spending remains subdued

Ageas CEO flags high valuations in India's insurance sector but sees China-like growth potential, aims to push JV into top 10 amid rising foreign interest

The joint venture, awaiting regulatory approvals, will combine Jio's digital reach with Allianz's global expertise to expand insurance access in India

SBI Life Insurance reported a marginal decline in Q4 FY26 profit, while premium income rose 16 per cent year-on-year amid improved demand and evolving product mix