PSU Bank Stocks Surge 4% Amid Merger Strategy Reports
Shares of Central Bank, UCO Bank, Punjab & Sind Bank jumped up to 4% as Finance Ministry drafts consolidation roadmap for public sector banks. Expected announcement in April-May.
Category : Search result: PSU insurance companies
India Revives Insurance Merger Plan for 3 Weak PSUs
Indian government reconsidering merger of National, Oriental & United India Insurance. Plan aims to strengthen sector, limit fiscal exposure amid profitability improvements. Key details inside.
Insurance firm to pay ₹54 lakh compensation in Chandigarh
United India Insurance ordered to pay ₹54 lakh compensation to Chandigarh family for claim denial. Consumer Commission rules in favor of policyholder's heirs. #InsuranceClaim #ConsumerRights
BDL Q2 Profit Jumps 76% to ₹216 Crore
Bharat Dynamics reports 76% YoY profit surge in Q2 FY25, reaching ₹216 crore. Defense PSU showcases robust growth amid rising defense orders. Read full analysis.
Star Health Introduces India's First AI Insurance Ad
Star Health Insurance pioneers India's first AI-generated advertising campaign, revolutionizing insurance marketing with cutting-edge technology and emotional storytelling.
Travel Insurance: Essential Protection for Every Trip
Discover why travel insurance is crucial for domestic and international trips. Learn about medical emergencies, trip cancellations, and comprehensive coverage benefits.
NALCO Shares Soar to All-Time High of ₹271.90
NALCO shares surge 2% to record ₹271.90, marking 16% gain in 4 days. Strong Q2 results beat estimates, prompting brokerages to revise targets upward. Read analysis.
Mahindra-Manulife Launch Life Insurance Joint Venture
Mahindra Group partners with Manulife Financial to create 50:50 life insurance JV, targeting India's growing rural market. Read about this strategic partnership.
Mahindra & Manulife form 50:50 life insurance JV
Mahindra & Mahindra partners with Canada's Manulife for a 50:50 life insurance joint venture in India, with a total capital commitment of ₹3,600 crore. Read more.
Court orders ₹2.50 crore payment to army officer's family
Himachal Pradesh State Commission directs insurance company to pay ₹2.50 crore compensation to family of deceased army officer. Justice served after legal battle.
HAL Q2 Profit Rises 10% to ₹1,669 Crore
Hindustan Aeronautics Ltd reports 10% YoY profit growth in Q2 FY2025, reaching ₹1,669 crore. Read the complete analysis of HAL's quarterly performance and future outlook.
Third-Party Car Insurance: Essential Guide for India
Discover why third-party car insurance is mandatory in India. Learn how this affordable policy protects you from financial liabilities and keeps you legally compliant on the road.
Life Insurance Grows 12%, Non-Life Stagnates Post-GST
India's life insurance sector surged 12.06% in October 2025, fueled by a GST waiver, while non-life premiums remained flat. Explore the divergent trends and expert outlook.
PSU Bank Stocks Rally 500%: Merger Wave Fuels Growth
India's PSU banks stage stunning 500% rally in 5 years, outpacing private peers. Foreign investment floods banking sector as consolidation rumors swirl. Discover the forces driving this financial transformation.
Life Insurance Industry Posts 21% Growth Despite GST Impact
India's life insurance industry achieved 21% annual premium growth despite October slowdown due to GST waiver removal. Private insurers lead with 26% growth. Read full analysis.
BEL Stock Up 2% on New ₹792 Crore Defence Orders
Bharat Electronics Ltd shares surge for third session after securing ₹792 crore in new defence orders. Total order book now at ₹14,750 crore with strong growth outlook. Read more.
PFC Q2 Profit Up 2%, Declares Second Dividend
Power Finance Corporation reports steady Q2 growth with 2% YoY profit increase and announces second interim dividend, reinforcing its strong market position.
LIC GST Impact: Insurance Premium Changes Explained
Major GST overhaul affects LIC policy premiums. Discover which insurance products will cost more and how to optimize your coverage in the new tax regime.
Policy Exchange raises $1.5M for insurance disruption
Insurtech startup Policy Exchange raises $1.5 million in pre-Series B funding to transform traditional insurance models with AI-powered solutions and expand operations across India.
RVNL wins ₹272 crore railway electrification project
RVNL emerges as lowest bidder for major Indian Railways electrification project, signaling strong growth prospects and potential stock market movement.
LIC Q2 Profit Soars 31% to ₹10,098 Crore
Life Insurance Corporation of India reports stellar Q2 performance with 31% profit surge, impressive premium growth, and announces dividend. Full analysis inside.
SBI Life NBFC Raises ₹80 Crore via NCD Allocation
SBI Life Insurance's NBFC arm successfully allocates ₹80 crore via NCDs across multiple tenures, signaling robust investor confidence and strategic financial planning in the insurance sector.
Bank Unions Oppose FM's Privatisation Remarks
Indian banking unions strongly oppose FM Nirmala Sitharaman's privatisation remarks, demand strengthening of public sector banks instead. Latest updates on the banking sector debate.
Fire Insurance Average Clause: Complete Guide
Discover how the Average Clause in fire insurance works and learn why proper valuation is crucial to avoid claim reductions. Essential reading for Indian policyholders.
LIC Q2 Results 2025: Stock Flat Ahead of Earnings
LIC shares remain steady ahead of Q2 results 2025. Expert analysis on premium growth, policy persistency, and trading strategy for India's insurance giant.
PSU Banks Record ₹49,456 Cr Profit in Q2
India's public sector banks achieve historic quarterly profits with 9% growth, driven by reduced bad loans and improved interest income. Discover how state-owned lenders are transforming their financial landscape.
ICICI Lombard Alert: Claim Unpaid Insurance Dues Now
ICICI Lombard announces major policyholder update: Millions in unclaimed insurance money waiting to be collected. Discover if you're owed money and how to claim it before the deadline.
MP urges fast-track approval for Mangaluru ESI hospital
Mangaluru MP urges immediate central approval for Karnataka ESI Society, paving way for ESIC to upgrade and manage the city's ESI hospital, promising enhanced healthcare for insured workers.
PNB MetLife Launches 360 Biz Digital Platform for MSMEs
PNB MetLife unveils groundbreaking 360 Biz digital platform, transforming insurance accessibility for India's MSME sector with comprehensive digital solutions.
72-Hour Deadline for Jharkhand Farmers After Cyclone Remal
Jharkhand government issues urgent 72-hour deadline for farmers to report cyclone Remal damage and secure insurance compensation. Critical window for financial relief.
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