New Delhi, Dec. 13 -- Ranking of private sector insurers on the basis of their performance in timely handling of grievances is in the pipeline following similar exercise for state-owned banks and insurance companies, and private banks.

Ministry of Finance in a press release said that the ranking of public sector banks, private sector banks and public sector insurance companies in June 2025 based on quality and timely redressal of grievances has significantly improved their performance

"Ranking of private sector insurers are also in the pipeline," the Finance Ministry said.

As per the official release, the Department of Financial Services (DFS) under Ministry of Finance has been undertaking several key initiatives aimed at streamlining ...