The Reserve Bank of India’s stricter framework on mis-selling of financial products, effective January 1, 2027, is a timely and necessary intervention in a market where banking, lending, insurance and…
West Bengal Gramin Bank has entered into a partnership with Canara HSBC Life Insurance to expand insurance penetration in rural areas, aiming to provide affordable life insurance and risk protection…
Bajaj General Launches MHCP EDGE+ Health Plan Bajaj General Insurance Limited has launched My Health Care Plan Edge+, a new health indemnity product designed to offer flexible and higher medical…
Last financial year, the company reported 19% year-on-year growth in New Business Premium (NBP), while Annualised Premium Equivalent (APE) grew 29% year-on-year, driven by healthy momentum across distribution channels. A…
Growing concerns are being raised over the increasing pressure on bank staff to sell insurance products, leading to instances of mis-selling and customer dissatisfaction. Industry observers and consumer advocates have…
Kotak Mahindra Life Insurance Company has entered into a strategic partnership with Utkarsh Small Finance Bank to distribute its life insurance products, strengthening its bancassurance footprint and expanding access to…
[caption id="attachment_21720" align="alignleft" width="201"] Dr. Rakesh Agarwal[/caption] The Reserve Bank of India’s draft framework on mis-selling in financial services marks a significant and much-needed intervention at a time when bancassurance…
Concerns about insurance mis-selling through banks have resurfaced after discussions on social media questioned whether current sales practices align with earlier remarks by Nirmala Sitharaman. The Finance Minister had previously…
PNB MetLife India Insurance has entered into a strategic bancassurance partnership with Shivalik Small Finance Bank to expand the reach of life insurance solutions across rural and semi-urban regions of…
Kotak Mahindra Life crosses Rs. 1 lakh crore AUM, marks 25-year milestone Kotak Mahindra Life Insurance has surpassed Rs. 1 lakh crore in assets under management (AUM), celebrating this achievement…