Aathira Varier

Prudential may exit life insurance joint venture with ICICI Bank

In talks with BhartiAxa for possible stake buy

India's outbound FDI falls to $2.76 billion in February: RBI data

Overseas investment declines year-on-year and sequentially, with moderation in equity commitments and mixed trends in loans and guarantees

Bima Sugam to roll out standardised life, health, motor insurance this year

Irdai to set up Public Insurance Repository to strengthen data infra

India Inc's ECB and FCCB intent hit new FY26 high in January 2026

According to RBI data, $4.18 billion was proposed through the automatic route and $1.15 billion through the approval route

IDBI Bank shares plunge 16.5% amid reports govt may scrap stake sale

Stock falls sharply after reports suggest the government may scrap the proposed stake sale in IDBI Bank as bids reportedly came below the reserve price set for the divestment

Bandhan Bank shares slide 7.5% on reports of promoter exit options

Shares fall sharply after reports that promoter Bandhan Financial Services is exploring options including a stake sale or IPO to facilitate exits for long-term investors

Fino Payments Bank denies links to betting and gaming activities

Bank says reports of an ED probe into online gaming transactions are speculative and clarifies that the ongoing DGGI investigation relates to programme managers and merchants

Credit growth rises to 14.5% in Feb 28 fortnight; deposits expand 12%

Bank credit growth accelerated to 14.5% year-on-year in the fortnight ended February 28, while deposit growth strengthened to nearly 12%, according to RBI data

Remittances from West Asia see 20-30% jump in March due to conflict

This is a short-term phenomenon; if the conflict prolongs it would have an adverse impact on remittances, sources said

HDFC ERGO General Insurance appoints Parthanil Ghosh as MD & CEO

HDFC ERGO General Insurance appoints Parthanil Ghosh as managing director and chief executive officer from April 16, subject to regulatory approvals

Banking sector to maintain strong growth over the next two years: ICRA

Profitability in the banking sector is expected to remain healthy, supported by stronger core earnings

Irdai clears Allianz Jio Reinsurance, Kiwi General Insurance to begin ops

In a press release following its 134th board meeting, the regulator said it had granted certificates of registration to one reinsurer and one general insurer

Life insurers' NBP rises 18% in Feb 2026; non-life premiums up 10%

Life insurers' new business premiums grew nearly 18% in February 2026, led by LIC's strong performance on a favourable base, while non-life insurers posted about 10% year-on-year premium growth

Public sector banks lag private banks in women board seats, shows data

Women CEO in three insurers, zero in banks

GIC Re withdraws marine cargo war cover for facultative contracts

State-owned reinsurer GIC Re withdraws marine cargo war cover for facultative reinsurance contracts in several high-risk maritime zones amid rising tensions near the Strait of Hormuz

Bihar MFI bill may disrupt operations, delay recoveries, say analysts

Analysts warn Bihar's proposed microfinance regulation could disrupt lending operations, weaken borrower credit discipline, and delay recoveries for NBFC-MFIs, banks and small finance banks

RBI policy easing: Share of loans below 9% rate increases to 62.4%

RBI data shows a strong shift in lending patterns after policy easing, with loans priced below 9% rising sharply as PSBs led credit growth and monetary transmission became more visible

Gold loan disbursements surge 94% in Q3FY26: Equifax Retail Insights

Gold loan disbursements nearly doubled in Q3 FY26 as borrowers favoured gold-backed credit, with NBFCs leading growth and PSBs contributing the largest share, Equifax data shows

Australia's QBE to buy Prism Johnson's 51% stake in Raheja QBE for ₹324 cr

The Australian insurer will fully own the general insurance company after acquisition of 51% stake

Ahead of IFRS transition, insurance industry's demand for actuaries rises

However, the industry faces supply limitations and is affected by attrition in the segment