Page 3 - Aathira Varier

Can't treat compliance as a quarter-end activity: RBI DG Swaminathan J

RBI's Swaminathan urges banks to strengthen compliance, operational resilience, data governance, and third-party risk management to prevent disruptions and improve supervision

Q3 results preview: Life insurers likely to face VNB margin squeeze

Analysts flag 175-350-bp hit despite healthy premium growth

Insurers knock on Irdai door for clarity on director overlap ban

Insurers seek Irdai clarity on a new law barring common directorships, a move that could disrupt boards of bank-backed insurance companies

GST rejig helps life insurers' new business premium surge 40% in December

Life insurers clocked nearly 40% year-on-year growth in December new business premiums, led by LIC and aided by GST rationalisation that improved affordability

Banks in wait-and-watch mode on fresh funding plans for Vodafone Idea

Studying the implications, and will take deeper look at the company's financials, bankers said

Considering tweaks in insurance commission structure: DFS secretary

The government is considering changes to insurance commission structures to lower acquisition costs and improve affordability, DFS Secretary M Nagaraju said

Insurers approach Irdai over common directorship rule in new Bill

Insurance companies have sought clarification from Irdai on a provision barring directors from holding board roles across insurers, banks and investment firms, citing governance and compliance concern

RBI proposes 3-year break for co-op banks' directors after 10 yrs on board

Banking Regulation (Amendment) Act has prescribed a ceiling on the continuous tenure of directors on both state and central co-operative banks and urban co-operative banks, raising it from 8 to 10 yrs

Cap or stagger distributor payouts: Life Insurance Council committee

RBI has flagged high expense structure, particularly acquisition costs of insurance companies, in its recent report

Positive business outlook nudges banks to hire for sales growth: Experts

"In terms of hiring strategies for lenders, hiring is now more focused on the business side rather than collections," said a private sector bankers

Non-life insurance premium rises 8.6% to ₹28,447 crore in Dec on GST revamp

In April-December period, premiums are up nearly 14% YoY

GST rate cuts spur credit growth for banks in third quarter of FY26

Banks report strong loan growth in Q3 FY26 as GST rate cuts lift demand, with credit outpacing deposits for most lenders even as funding pressures persist

Banks see strong deposit growth in Q3 outpaced by rapid credit expansion

HDFC Bank's C/D ratio surges to 99.5%

Banks see double-digit credit growth in Q3 FY26 on strong lending

Six banks reporting Q3 FY26 business updates recorded double-digit year-on-year growth in advances, while deposit growth also remained healthy across public and private lenders

Bank credit demand from industry gains momentum as loan growth accelerates

The data showed credit to 'Micro and Small' and 'Medium' industries continued to exhibit double-digit expansion

Health insurance coverage rises in FY25 even as policy sales decline

During the year, premiums collected under the health insurance segment grew 9.12 per cent year-on-year to Rs 1.17 trillion

Misselling grievances against life insurers up 14% in FY25, says Irdai

Mis-selling complaints against life insurers rose over 14% in FY25 even as total grievances dipped marginally, prompting Irdai to flag concerns and seek corrective action

Microfin borrower indebtedness rises marginally in Sept after two-year dip

RBI's Financial Stability Report shows microfinance borrower indebtedness edged up in September 2025 after a two-year decline, even as credit and active borrowers fell in H1 FY26

High distribution costs limit insurance coverage, says RBI in FSR report

RBI's Financial Stability Report said high distribution-led costs are embedded in pricing, hurting affordability and penetration, while insurers' conservative investing may weaken product appeal

Public sector banks' staff count rises for first time in five years

RBI data show public sector banks added staff in FY25 for the first time in five years, while private banks' headcount fell, led by a sharp drop at ICICI Bank