Page 2 - Aathira Varier

Credit growth to slip below 12% in FY27 amid global uncertainties: Icra

Icra expects bank credit growth to ease below 12 per cent in FY27 as West Asia conflict, higher oil prices and deposit competition weigh on lending, margins and asset quality

A first: Life insurers collected ₹4 trn in new business premium in FY26

Industry sees strongest growth since FY23 as new business premium crosses Rs 4 trillion, driven by GST cut, product launches and recovery after regulatory changes

Fallout of DFS comments: Shares of SBI Life, Canara HSBC Life tumble

Life insurance stocks decline after DFS suggests banks avoid exclusive tie-ups, raising concerns over bancassurance models and potential impact on costs and margins

India Inc's ECB, FCCB intent moderated to $4.59 billion in February

Overseas borrowing proposals decline from January peak, with NBFCs and renewable firms leading intent to raise funds via ECBs and FCCBs

Outbound FDI surged 27.5% in March to $7 billion, shows RBI data

Rise in overseas investment driven by sharp jump in guarantees, even as equity commitments and loans show mixed trends, RBI data indicates

El Niño Impact on rural credit is likely to be lagged, localised

El Niño may not trigger systemic rural credit stress, but risks could emerge later and vary by region, crop cycles and lender exposure

Industrial credit growth seen at 9-13% in Jan-June: Ficci-IBA survey

Industrial credit growth seen at 9-13% in H1 2026, led by capex revival and infrastructure demand, with banks signalling steady, not sharp, expansion

Irdai seeks detailed data on distributor commission of life insurers

Insurance companies have shared the data on distributor commissions with Irdai as the regulator reviews distribution models amid concerns over high costs but are yet to get a response

HDFC Life profit rose 4% in Q4; parent bank to invest ₹1,000 crore

HDFC Life reports modest Q4 growth hit by GST and labour code changes; HDFC Bank's Rs 1,000 crore infusion to raise stake and improve solvency ratio to 186 per cent

ICICI Lombard Q4 profit rises 7.3% to ₹546.6 crore on premium growth

Private insurer reports steady premium growth and higher investment income in Q4, while underwriting losses widen and combined ratio improves slightly

LIC should have innovative campaigns, products for young people: DFS secy

DFS Secretary M Nagaraju urged LIC to strengthen digital capabilities and design products for younger customers to drive insurance adoption and engagement

ICICI Prudential Life net profit rises 58% in Q4FY26 on premium growth

ICICI Prudential Life Insurance reported a 58 per cent rise in Q4FY26 net profit to Rs 609 crore, supported by higher premium income and gains from sale of its subsidiary

GST-led ITC loss, market volatility may reflect in insurers' earnings

GST-led input tax credit loss and weak equity markets may weigh on insurers' Q4 FY26 profitability, with life insurers facing sharper impact while general insurers see demand support

IBC overhaul aims to cut delays and boost recoveries: Icra report

IBC amendments introduce a creditor-led fast-track insolvency route, tighten timelines and reduce procedural bottlenecks to improve recoveries and speed up resolutions

$100 mn marine insurance pool on cards for vessels sailing via war zones

Indian insurers plan $100 million marine insurance pool to cover war risks for ships amid West Asia conflict, with possible government support and rising premiums

New India Assurance shares rise nearly 20% after FY26 business update

Shares of New India Assurance surged nearly 20% after strong FY26 premium growth and improved market share, supported by favourable valuations and investor sentiment

Standalone health insurers' market share increases to 13.6% in FY26

Standalone health insurers expanded their market share in FY26, supported by GST rationalisation and higher premium collections, even as general insurers saw a marginal decline in their overall share

Axis Bank to infuse ₹389 crore in Axis Max Life to meet funding needs

Axis Bank has received the requisite approval from the Reserve Bank of India (RBI) for the said infusion

Non-life insurers log 9.3% premium growth in FY26 amid GST relief

Health insurance growth and GST rate cuts drive premium expansion, even as accounting changes and crop insurance decline weigh on overall industry growth

CBDC transactions cross 150 million, value exceeds Rs 34,000 crore

CBDC transactions have crossed 150 million with value exceeding Rs 34,000 crore, as RBI works on programmability and gradual rollout of digital currency