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RBI Norms Slow India Credit Card Growth, Prioritize Quality
2+ day, 5+ hour ago (26+ words) India's credit card growth slows to 8% under new RBI rules, shifting focus to quality. Spending remains resilient, led by e-commerce, as top banks adapt....
Nagaraju Directs Indian Public Insurers to Boost Profits, Cut Losses
2+ day, 4+ hour ago (22+ words) India's Public Sector Insurers directed by Secretary M. Nagaraju to boost profits, cut losses, and expand rural/retail business amid fierce competition....
India Motor Insurance: High Commissions Fuel Mis-selling, Hurting Buyers
6+ day, 18+ hour ago (21+ words) India motor insurance faces widespread mis-selling due to high commissions. This practice erodes consumer trust and hinders genuine market growth....
India's Health Survey: Insurance Booms, Costs Soar
5+ day, 8+ hour ago (503+ words) India's health survey reveals rising ailments and insurance coverage, yet out-of-pocket expenses surge due to chronic diseases and private hospital preference....
SBI Life Leads, HDFC Life Faces Valuation Test: India Insurers Diverge
1+ week, 11+ hour ago (242+ words) Whalesbook India Life Insurers Split: FY26 Performance Varies India's largest private life insurers showed varied performance in the fiscal year 2026, facing common challenges like new Goods and Services Tax (GST) rules and updated surrender value guidelines SBI Life Insurance maintained its…...
India Insurance Agents' Commissions Under Threat: Reform Debate Pits Pay Against Access
1+ week, 1+ day ago (304+ words) India's life insurance agents face commission reforms. The debate weighs upfront payouts, agent incentives, risk pool stability, and expanding financial access. India's Insurance Agents: Bridging the Protection Gap India's life insurance sector is at a regulatory crossroads over how agents…...
SBI Life Faces Regulator Pressure to Cut Bank Ties
1+ week, 2+ day ago (288+ words) SBI Life Insurance is diversifying distribution amid regulator pressure to reduce reliance on exclusive bank partnerships. The company aims to balance growth with evolving compliance. Regulator Push for Open Architecture Government discussions are increasing about adopting an "open architecture" model…...
India Life Insurers Hit Record Premiums After GST Exemption
1+ week, 3+ day ago (286+ words) Whalesbook Record Premiums Fueled by GST Relief India's life insurance industry has set a new record, with New Business Premium (NBP) reaching "4. 60 lakh crore in fiscal year 2026 This marks a significant 16% increase year-on-year, signaling a strong return to double-digit growth…...
Bandhan Life NBP Doubles on GST Exemption, Eyes 30% Growth
1+ week, 4+ day ago (331+ words) Bandhan Life Insurance doubles New Business Premium to "500 crore, boosted by GST exemption. The insurer targets 30% growth amid strong competition and sector challenges. Bandhan Life Sees Premium Surge Driven by GST, Targets 30% Growth Bandhan Life Insurance, now in its second…...
India's Health Insurance Soars: Coverage Grows, But High Costs Remain
1+ week, 4+ day ago (297+ words) India's health insurance coverage has surged, but high out-of-pocket hospital costs show that true financial protection for citizens is still a major challenge. Coverage Expansion Meets Persistent Affordability Gap New data from the Statistics Ministry's National Sample Survey (NSS) shows…...
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