RBI’s move to tighten bundled insurance sales with bank loans may not hurt premiums sharply—but high-margin credit protect ...

BENGALURU, June 19 (Reuters) - India's Axis Bank (AXBK.NS), opens new tab acquired additional equity shares of Max Life Insurance Company, a unit of Max Financial Services (MAXI.NS), opens new tab, ...

NEW DELHI/MUMBAI, Feb 17 (Reuters) - India is actively considering raising the bank deposit insurance coverage, a top official said on Monday, days after the central bank suspended withdrawals from ...

DICGC insurance covers 97.6% of the total bank accounts, but only 41.5% of the value (amount) of deposits. The cover was last ...

RBI's new risk-based premium framework for deposit insurance, analyzed by ICRA, aims to boost Indian banking stability and reward strong banks.

Insurance is becoming a silent backbone of India’s growth, shielding citizens from financial shocks and reinforcing freedoms beyond constitutional rights. By providing timely support and enabling ...

In a startling case of insurance mis-selling in India, a 90-year-old policyholder was sold a life insurance product that ...