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News
Indian Bank plans entry into life insurance, soon to seek board nod: MD
1+ day, 5+ hour ago (415+ words) Kumar said identifying the right partner would be a crucial part of the exercise, as a strong partner can help accelerate wealth creation Indian Bank's plans to enter the life insurance and asset management segments are progressing as planned, and…...
Stock Alert: Aditya Infotech, HDFC Life, Hyundai Motor, Kolte-Patil Developers
3+ week, 4+ day ago (234+ words) Bandhan Bank, Manappuram Finance and SAIL barred from fresh F&O positions on 20 August 2026. Aditya Infotechs board approved raising funds through the issuance of securities via one or more permissible modes, including public issue(s) and qualified institutions placement (QIP), subject…...
BNP Paribas Cardif to buy 26% stake in IndiaFirst Life from Warburg Pincus
1+ mon, 3+ week ago (368+ words) Business Standard BNP Paribas Cardif on Friday said it will acquire a 26 per cent stake in IndiaFirst Life Insurance from Warburg Pincus, subject to regulatory approvals Post completion of the transaction, IndiaFirst Life's shareholding will comprise Bank of Baroda's 65 per…...
Govt directs state-run banks, insurance firms to cut costs, shift to EVs
3+ mon, 3+ week ago (263+ words) India's finance ministry directed state-run banks, insurers and financial institutions on Monday to implement cost-cutting measures, including sharp curbs on travel and a phased transition to electric vehicles, according to an order reviewed by Reuters. The order, part of a…...
Govt notifies 100% FDI in insurance sector under automatic route rules
4+ mon, 1+ week ago (304+ words) Business Standard The Ministry of Finance on Saturday notified 100 per cent foreign direct investment (FDI) in the insurance sector under the automatic route, which allows complete foreign ownership Foreign investment in Life Insurance Corporation of India (LIC) is capped at 20 per…...
Insurance for All by 2047: What India needs to fix to meet the goal
4+ mon, 2+ week ago (634+ words) Business Standard The Insurance Regulatory and Development Authority of India (Irdai) has anchored its flagship vision to India's centenary year of independence 'Insurance for All by 2047' aims to provide every citizen with appropriate life, health, and property insurance coverage while…...
Non-life insurers log 9.3% premium growth in FY26 amid GST relief
5+ mon, 4+ day ago (78+ words) Health insurance growth and GST rate cuts drive premium expansion, even as accounting changes and crop insurance decline weigh on overall industry growth Non-life insurers log 9.3% premium growth in FY26 amid GST relief Health insurance growth and GST rate cuts drive…...
Centre drafting insurance scheme for gig workers with life, accident cover
6+ mon, 17+ hour ago (73+ words) gig workers social security scheme India 2026, accidental insurance gig workers India policy, Code on Social Security 2020 gig workers benefits, gig economy workers pension proposal India, EPFO 3.0 gig worker scheme India, NITI Aayog gig workforce es Centre drafting insurance scheme for…...