News

Central Bank of India has completed acquisition of Future Enterprises’ stake in Future Generali India Insurance Company (FGIICL) and Future Generali India Life Insurance Company (FGILICL ...
The Central Bank of the UAE (CBUAE) has imposed administrative and financial sanctions on five insurance brokers operating in the UAE, pursuant to Article (14) of the Decree Federal Law No. (20) of ...
Union Bank of India has launched a ‘Wellness Deposit’ specifically for retail customers by integrating health insurance with a term deposit product. The scheme, which aims to promote both ...
Kotak Mahindra Bank has announced the impending removal of several insurance benefits associated with its debit cards. This change will significantly affect the bank's cardholders, as they will ...
Peoples Bank agreed to a consent order with the Federal Deposit Insurance Corp. and the Indiana Department of Financial Institutions that alleges “unsafe and unsound banking practices” with ...
Fee income, particularly from bank insurance, was lower than expected, impacting overall fee and commission income. The bank faces ongoing legal risks related to CHF mortgages, with significant ...
A former Alfa Insurance agent in Warner Robins has been accused of committing bank fraud. Dreamstime/TNS A former Alfa Insurance agent in Warner Robins was charged with bank fraud after directing ...
The Trump administration is gearing up to deliver a major win to Wall Street banks: Easing rules imposed on megabanks in response to the 2008 financial crisis. Trump-appointed regulators are ...
“We are excited to welcome Theo to the Standard Bank Insurance and Asset Management family. His extensive experience in IT leadership, his strategic vision and his proven ability to drive ...
To enhance depositor protection, the Indian government is considering doubling the bank deposit insurance limit from ₹5 lakh to ₹10 lakh. Here's when this change could happen and how it may ...
India's Yes Bank expects Japan's Sumitomo Mitsui Banking Corp (SMBC) to maintain at least 20% stake in the lender but said that regulatory requirements may be keeping it from raising shareholding ...
The Tamil Nadu government on Monday (May 19, 2025) signed memoranda of understanding (MoU) with seven banks that have agreed to provide various insurance ... MoUs with State Bank of India, Indian ...