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... Read More
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... Read More
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... Read More
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... Read More
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... Read More
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... Read More
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... Read More
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... Read More
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)... Read More
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... Read More