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News
HDFC CEO race: One insider, one outsider in contention for the top job
18+ hour, 16+ min ago (524+ words) The Economic Times...
Indian Bank Plans Entry Into Life Insurance And Mutual Fund Sector
1+ day, 2+ hour ago (289+ words) Whalesbook Indian Bank is accelerating its diversification strategy by initiating plans to enter the life insurance and mutual fund, or asset management, sectors Management, led by Managing Director and CEO Binod Kumar, has confirmed that the lender is currently preparing…...
Indian Bank plans life insurance, asset management foray; board approval next, CEO says
1+ day, 4+ hour ago (415+ words) Indian Bank's plans to enter the life insurance and asset management segments are progressing as planned, and it would soon approach the board for approval, the bank's MD and CEO Binod Kumar said. The lender is currently in the process…...
Indian Bank plans entry into life insurance, soon to seek board nod: MD
1+ day, 6+ 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…...
Prabhu Mahalaxmi Life Insurance Announces Sale of 1.64 Million Promoter Shares
1+ day, 6+ hour ago (56+ words) ictframe.com · Sun Sep 13 06:16:03 GMT 2026 13th September 2026, Kathmandu Prabhu Mahalaxmi Life Insurance Limited has formally announced the sale of 1.64 million promoter shares following formal requests from existing promoter shareholders seeking to transfer their holdings. Art Journalist | Grievance Officer Have a suggestion…...
Canara HSBC Life fined ₹1 crore by IRDAI over misselling
3+ day, 20+ hour ago (493+ words) Canara HSBC Life Insurance Company Limited received a penalty order from the Insurance Regulatory and Development Authority of India (IRDAI) on September 10, 2026. The regulator imposed a fine of ₹1 crore following an investigation into allegations of policy misselling. The penalty stems…...
Canara HSBC Life Insurance penalised ₹1 crore by IRDAI for policyholder regulation breaches · Business Upturn
3+ day, 21+ hour ago (289+ words) Canara HSBC Life Insurance Company Limited has been penalised ₹1 crore by the Insurance Regulatory and Development Authority of India (IRDAI) following an investigation into alleged misselling of a policy. The penalty forms part of an Order dated 10th September 2026, as revealed…...
Life insurers struggle to convert strong consumer demand into sales
3+ day, 20+ hour ago (662+ words) 50% of consumers worldwide are considering buying life insurance, yet more than 40% leave the process confused or unconvinced, according to the World Life Insurance Report 2027 from the Capgemini Research Institute and LIMRA. The findings point to problems in how insurers explain…...
ICICI Prudential Life: Tax Demand Upheld
4+ day, 6+ hour ago (214+ words) by ₹37.5 Crore Order InvestyWise ICICI Prudential Life: Tax Demand Upheld by ₹37.5 Crore Order ICICI Prudential Life Insurance Company Limited has received an order from the Additional Commissioner (Mumbai Central) dismissing its appeal and upholding a tax demand. The total demand,…...
Bandhan Life launches Multicap ULIP - Cafemutual.com
4+ day, 10+ hour ago (149+ words) Bandhan Life Insurance has launched a ULIP Bandhan Life Multicap Fund under Bandhan Life iInvest Ultima Plus, which is benchmarked against the Nifty 500 Index, and will invest across large-cap, mid-cap and small-cap companies, said a company press release. The NFO…...