Exclusive

Publication

Byline

National Payments Corporation of India chief Dilip Asbe joins Swift board

New Delhi, Oct. 8 -- National Payments Corporation of India (NPCI) managing director and chief executive Dilip Asbe has been appointed an independent director on Swift's new 15-member supervisory boar... Read More


RBI to share views on Irdai's proposed insurance distribution overhaul

MUMBAI, Oct. 7 -- The Reserve Bank of India (RBI) is reviewing the impact of proposed insurance-distribution reforms on banks and non-banking financial companies (NBFCs), with governor Sanjay Malhotra... Read More


Axis Bank's Sanjeev Moghe resigns amid banking sector leadership churn

New Delhi, Oct. 5 -- Axis Bank Ltd senior executive Sanjeev Moghe has resigned, marking the lender's second top-level departure in a little over a month and adding to a slew of leadership changes acro... Read More


15 global reinsurers likely to seek GIFT IFSC entry

New Delhi, Sept. 24 -- Fifteen reinsurers are expected to apply to set up offices at India's only International Financial Services Centre (IFSC) in GIFT City, Gujarat, in fiscal year 2026-27, seeking ... Read More


Irdai proposes sweeping reset of insurance distribution system

New Delhi, Sept. 23 -- The Insurance Regulatory and Development Authority of India (Irdai), through a consultation paper released on Wednesday, has proposed a sweeping overhaul of insurance distributi... Read More


PM's principal secretary flags risks from trade barriers, volatile capital

New Delhi, Sept. 23 -- India needs to remain alert to risks posed by rising trade barriers, import dependence, pressure on external accounts, and the rapid development of artificial intelligence, said... Read More


Mint Explainer | What potential commission caps could mean for insurers

New Delhi, Sept. 21 -- The Insurance Regulatory and Development Authority of India (Irdai) is expected to soon release proposals on insurance distribution and commissions. Industry executives Mint sp... Read More


BoI plans to raise $1 billion via overseas borrowings by Dec

MUMBAI, Sept. 12 -- Bank of India plans to raise about $1 billion through overseas borrowings by December to benefit from a subsidy offered by the central bank toward the cost of hedging foreign-curre... Read More


BoI plans to raise $1 bn via overseas loansby December

MUMBAI, Sept. 12 -- Bank of India plans to raise about $1 billion through overseas borrowings by December to benefit from a subsidy offered by the central bank toward the cost of hedging foreign-curre... Read More


Bank of India plans to raise $1 billion via overseas borrowings by December

MUMBAI, Sept. 11 -- Bank of India plans to raise about $1 billion through overseas borrowings by December to benefit from a subsidy offered by the central bank toward the cost of hedging foreign-curre... Read More