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Kotak's Vaswani plots growth chart, sees 'right to win' in four segments

New Delhi, July 11 -- Kotak Mahindra Bank Ltd has identified four priority segments-affluent customers, mass-market retail, small and medium enterprises, and institutional business-where it believes i... और पढ़ें


New GIC Re chief banks on AI, resilience for next growth phase

New Delhi, July 8 -- General Insurance Corporation of India (GIC Re) is building an in-house artificial intelligence assistant that is expected to help make faster and better-informed decisions, chair... और पढ़ें


LIC chief sees protection plans driving growth

Mumbai, July 6 -- Life Insurance Corporation of India chief executive and managing director R. Doraiswamy has outlined a vision centred on protection-oriented products, a revamped product portfolio an... और पढ़ें


ICICI Bank, Prudential sign undertaking to defuse conflict-of-interest concerns ahead of Bharti Life deal

Mumbai, July 5 -- ICICI Bank and Prudential Corp. Holdings have signed a letter of undertaking under which the UK insurer will temporarily give up board representation and abstain from voting on matte... और पढ़ें


Why the RBI is concerned about three state-run general insurers

MUMBAI, July 3 -- Three of India's four state-owned general insurers have remained below regulatory solvency norms for the past several quarters, prompting the Reserve Bank of India (RBI) to warn that... और पढ़ें


Prudential-HCL joint venture becomes India's eighth standalone health insurer

New Delhi, July 1 -- India's insurance regulator has granted a certificate of registration to Prudential HCL Health Insurance Ltd, allowing it to begin health insurance operations in India. The appro... और पढ़ें


LIC flags 'rampant mis-selling' in life insurance, warns of fraud in pockets

Mumbai, June 30 -- Rampant mis-selling and fraud are plaguing parts of the life insurance industry, even as the insurance regulator moves to tighten rules governing how policies are sold, a top execut... और पढ़ें


Smart calls, human credit: the guarded rise of AI in India's microfinance sector

New Delhi, June 30 -- India's microfinance institutions are expanding the use of artificial intelligence across customer calls, cybersecurity and internal operations as lenders look to improve efficie... और पढ़ें


Deepak Parekh bats for further consolidation in PSU banks, FDI cap hike to boost GDP growth

Mumbai, June 29 -- Veteran banker Deepak Parekh on Monday pitched for banking reforms, including further consolidation in public sector banks and a hike in the sector's foreign direct investment (FDI)... और पढ़ें


Irdai floats proposal to tap insurer premiums for policyholder fund

Mumbai, June 23 -- India's insurance sector regulator has sought feedback on whether insurers should contribute a portion of their premium income to the Policyholders' Education and Protection Fund (P... और पढ़ें