Banks' Rs.25,000-crore insurance gravy train faces RBI reality check

Mumbai, Feb. 16 -- The banking regulator's proposed framework to encourage responsible selling of financial products will likely dent banks' earnings from insurance policy sales, which generate about ... और पढ़ें

Religare Enterprises to separate financial services, insurance businesses, list Finvest

Mumbai, Feb. 15 -- Religare Enterprises Ltd and Religare Finvest Ltd have approved to spin off the group's financial services and insurance businesses into two independent, listed entities. "Followin... और पढ़ें

RBI proposes exempting small NBFCs not dealing with public from registration

Mumbai, Feb. 10 -- The Reserve Bank of India (RBI) has proposed exempting smaller non-bank lenders that do not take public funds or deal directly with customers from registering with the central bank ... और पढ़ें

LIC takes Rs.1,400 crore hit from loss of GST-linked input tax credit

Mumbai, Feb. 5 -- Life Insurance Corp. (LIC) has taken a hit of Rs.1,400 crore due to the loss of input tax credit after certain life and health plans were exempted from the goods and services tax (GS... और पढ़ें

Govt cuts outlay for UPI, RuPay incentive scheme by nearly 10%

Mumbai, Feb. 1 -- The central government has cut the outlay for an incentive scheme for transactions undertaken on the Unified Payments Interface (UPI) and homegrown card network RuPay platforms by ne... और पढ़ें

Economic Survey: Lower distribution and other costs are essential for affordable insurance

New Delhi, Jan. 29 -- India's insurance sector has been largely successful in deepening revenue from existing customers, but high distribution costs are preventing a 'widening' of the risk pool of cus... और पढ़ें

Economic Survey: UPI is expanded lending across the risk spectrum

Mumbai, Jan. 29 -- Investing in digital public infrastructure such as the Unified Payments Interface (UPI) is reshaping credit markets by allowing banks and fintech firms to expand lending across the ... और पढ़ें

Economic Survey: UPI is expanding lending across the risk spectrum

Mumbai, Jan. 29 -- Investing in digital public infrastructure such as the Unified Payments Interface (UPI) is reshaping credit markets by allowing banks and fintech firms to expand lending across the ... और पढ़ें

RBI preps Rs.1 L-cr bond, $10 bn swap stimulus

Mumbai, Jan. 24 -- Amid persistent tightness in liquidity conditions, the Reserve Bank of India (RBI) on Friday announced its third tranche of open market operations (OMOs) for the purchase of governm... और पढ़ें

RBI preps Rs.1 L-cr bond, $10 bn swap stimulus

Mumbai, Jan. 24 -- Amid persistent tightness in liquidity conditions, the Reserve Bank of India (RBI) on Friday announced its third tranche of open market operations (OMOs) for the purchase of governm... और पढ़ें

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