The tie-up will enable distribution of life insurance products, serving financial needs like savings and retirement planning.

Referring to SBI's slogan, 'banker to every Indian,' Setty said his ambition is for SBI General Insurance to become the ...

Governor Sanjay Malhotra said while misselling in bancassurance was indeed a concern, the RBI will not restrict this distribution method since it boosted financial inclusion. He, however, called for ...

Despite Central Bank’s recent stake acquisition, Generali Central Insurance does not expect a significant near-term boost in ...

SBI focuses on eliminating mis-selling, opens specialized health insurance branches to enhance awareness and reach ...

RBI Governor Sanjay Malhotra says shift in household savings from bank deposits to equities is a healthy trend, adds ...

Bancassurance is expected to become a major distribution channel for India's private insurance sector, contributing 40% of premium income by 2012, according to consultancy Towers Watson in a report.

Federal Bank has ascended to the position of India’s sixth-largest private sector bank, driven by a robust financial ...

Future Generali India Insurance aims to reach Rs 10,000 crore gross written premium by 2030, driven by strong growth and ...

MUMBAI, Jan 7 (Reuters) - The Indian central bank on Thursday said banks need to disclose the remuneration or fees earned from bancassurance business in the notes segment in their balance sheet ...