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Insurers make up add-ons to entice customers into paying more for car insurance

Mumbai, March 24 -- From linking premiums to a customer's driving pattern to incentivizing them to use specific garages, general insurers are making up newer kinds of add-ons or value-added features t... Read More


IndusInd hasn't asked for more capital, future actions hinge on external audit report: Ashok Hinduja

Mumbai, March 18 -- Ashok Hinduja, chairman of the promoter company of IndusInd Bank Ltd, has said that the private lender does not require capital and all measures to bolster the credibility of the b... Read More


RBI sees tepid demand for VRR auctions as system liquidity crunch eases

Mumbai, March 7 -- The Reserve Bank of India (RBI) saw tepid demand for its variable rate repo (VRR) auctions as liquidity tightness in the banking system has eased following the central bank's infusi... Read More


Third-party vehicle insurance: Insurers in distress over three-year rate pause

Mumbai, March 3 -- General insurers issuingthird-party vehicle insurance policies are grappling with rising underwriting costs as inflation and a near three-year pause on rate hikes eat into their bus... Read More


Lower capital requirements for bank loans to NBFCs to ease funding woes

New Delhi, Feb. 27 -- The Reserve Bank of India's decision to ease rules on bank loans to non-banking financial companies (NBFCs) has been driven by a slowdown in credit flow to these entities, which ... Read More


RBI reduces risk weights on bank loans to NBFCs, MFIs

New Delhi, Feb. 25 -- Amid cries of deficit liquidity in the banking system and funding crunch for several small lenders, the Reserve Bank of India on Tuesday reduced the risk weights on bank loans to... Read More


Mint Explainer | Fintechs launch CBDC wallets: Is RBI's e-rupee set to take off?

Mumbai, Feb. 25 -- Nine months after the Reserve Bank of India (RBI) announced allowing non-bank payments players into central bank digital currency (CBDC) pilots, two private fintech firms, CRED and ... Read More


Will fintechs' CBDC wallet push RBI's e-rupee adoption?

Mumbai, Feb. 25 -- Nine months after the Reserve Bank of India (RBI) announced allowing non-bank payments players into central bank digital currency (CBDC) pilots, two private fintech firms, CRED and ... Read More


RBI revises norms for urban co-operative banks

Mumbai, Feb. 25 -- Weeks after it superseded the board of and imposed restrictions on New India Co-operative Bank, the central bank has revised some lending norms for urban co-operative banks (UCBs), ... Read More


Post New India Co-op Bank restrictions, RBI revises some lending norms for urban cooperative banks

New Delhi, Feb. 24 -- Weeks after it superseded the board of and imposed restrictions on New India Co-operative Bank, the central bank has revised some lending norms for urban co-operative banks (UCBs... Read More