A recent study reveals that rural and semi-urban regions are at the forefront of India's insurance demand surge, contributing a significant 43% of total premiums, highlighting a shift in market dynamics.
The Reserve Bank of India is likely to maintain the benchmark repo rate at 5.25% in its April policy review, as geopolitical tensions and volatile crude prices complicate the inflation outlook, economists predict.
State-run oil marketing companies have introduced discounts on refinery transfer prices for petrol, diesel, ATF, and kerosene to manage mounting losses from unchanged retail fuel prices, impacting standalone refiners like MRPL and CPCL.
The Reserve Bank of India is anticipated to keep key policy rates unchanged in its upcoming monetary policy review, the first since the West Asia conflict, as per an SBI report citing global uncertainties and domestic inflation concerns.
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The North District Consumer Commission in Chennai has directed Star Health Insurance to reimburse a policyholder ₹36,711 with 9% interest, plus ₹30,000 in compensation and costs, after it wrongfully denied a mediclaim citing pre-existing diabetes despite
A Bengaluru consumer commission has ruled against Star Health Insurance for denying a senior citizen's cancer treatment claim, ordering reimbursement of Rs 4.5 lakh with interest plus compensation totaling nearly Rs 5 lakh.
The Bombay High Court ruled that when a borrower settles a non-performing account via compromise with a bank, there's no justification for continuing penalty measures like loan bans for five years, unless fraud is proven.
Punjab government extends One Time Settlement scheme deadline by two months to May 31, 2026, with Rs 134 crore recovered so far and warnings issued to defaulters.
South Canara District Central Co-operative Bank posts Rs 131.1 crore profit for 2025-26, with total business reaching Rs 20,226.1 crore. Asset quality improves as NPA ratio declines to 2.2%.
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Airtel achieves a global milestone with over 650 million customers, ranking second worldwide. The telecom giant expands 5G, fiber, and financial services across India and Africa.
Chennai's North District Consumer Commission has directed Star Health Insurance to reimburse a Rs 36,711 mediclaim with interest, plus Rs 30,000 in compensation, after it wrongfully rejected a claim citing pre-existing diabetes post-waiting period.
IDBI Bank has issued admit cards for the Junior Assistant Manager (JAM) Grade 'O' recruitment 2026. The online exam is scheduled for April 12, 2026, with 1,100 vacancies across India. Candidates can download hall tickets from the official website.
XRP's price shows signs of reaching new highs amid positive market sentiment, while the BFX presale underscores growing global trends in cryptocurrency utility and adoption.
Several Indian states are set to raise Rs 18,159 crore through the Reserve Bank of India's State Government Securities auction scheduled for April 7, 2025, to meet their fiscal requirements.
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Bombay High Court declares that once a compromise settlement is reached with a bank, a wilful defaulter's name must be removed from the list, lifting restrictions on new loans, unless fraud is proven.
Punjab National Bank, Union Bank of India, and IDFC FIRST Bank reported higher credit growth than deposit mobilization in the March quarter, indicating robust loan demand amid tight liquidity conditions.
A new survey reveals India's microfinance sector has transformed, with regulated lenders displacing informal sources. Borrowing from moneylenders fell from 46% to just 1% in 14 years, driven by digital disbursement and lower interest rates.
Senator Elizabeth Warren has formally questioned MrBeast's Beast Industries about its Step money app for young users, expressing concerns it may encourage risky cryptocurrency investments and citing safety issues with its banking partner.
Silver and gold prices remained unchanged in Delhi on Thursday, with silver at Rs 94,500 per kg and gold at Rs 74,550 per 10 grams, reflecting stable global market conditions and steady demand.
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A Motilal Oswal report predicts the BFSI sector's earnings growth will double from FY27 onwards as the industry stabilizes, driven by improved asset quality and digital transformation.
A major investor on Hyperliquid has placed an $80 million short bet against Bitcoin, while the BlockchainFX presale is attracting significant attention in 2026, highlighting volatility and innovation in the crypto market.
Bajaj Finance has increased the maximum tenure for personal loans from 96 to 108 months, offering customers more flexible repayment options and lower EMIs to ease financial strain.
Rural and semi-urban India's share of life and health insurance premiums has increased from 41% to 43%, with nearly half of new premiums now originating from smaller towns and rural-majority districts, signaling a major market shift.
Banks across India will observe staggered closures in April 2026 due to Good Friday and regional festivals. Check state-wise holiday list for April 3, 14, 15, 20, and 21, 2026.
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The Export-Import Bank of India has issued call letters for the Management Trainee 2026 exam scheduled for April 12, 2026. Candidates must download their admit cards from the official website and verify all details carefully.
The Indian rupee surged 173 paise to close at 93.1 against the dollar, marking its strongest recovery in 13 years, driven by RBI measures to curb speculation. However, volatility looms amid rising oil prices and global tensions.
The State Consumer Disputes Redressal Commission in Jodhpur has directed Axis Bank to compensate the nominee of a deceased cardholder with Rs 2 lakh plus interest, overturning a district commission's dismissal.
GIFT City in Ahmedabad sees insurance premiums skyrocket from $102M in 2020 to over $1.2B in 2025, driven by global insurers like Allianz and Lloyd's establishing operations.
TVS Venu Group announces acquisition of 100% stake in PGIM India Asset Management and Trustees from Prudential Financial, subject to regulatory approvals, expanding its financial services portfolio.
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The Reserve Bank of India has authorized airport foreign exchange counters to facilitate the exchange of Indian rupee notes for residents, enhancing convenience for travelers and supporting financial inclusion.
