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

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 ...

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.

The industry has grown in scale and ambition, but outdated reporting norms are being replaced-backed by regulations and ...

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 ...

Future Generali India Insurance (FGII) plans significant growth. The company targets over Rs 10,000 crore in gross written ...

SBI Chairman C S Setty on Saturday said SBI General Insurance and SBI Mutual Fund are under consideration for public listing, though no specific timeline has been finalised. Setty made the remarks ...

Motilal Oswal Financial Services kept a ‘Buy’ call on the stock, but reduced its target price to Rs 1,080 apiece ...

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 ...