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The business correspondents' representative body has asked IRDAI to allow them to sell insurance products, particularly weather-indexed schemes to provide a safety net for rural buyers
Analysts attribute BFSI companies' rising share in corporate revenues and profits to this sector's consistent double-digit growth, unlike other sectors of the economy
Net sales growth weakest in a year, too; BFSI sector emerges an outlier
Top CEOs see green shoots of growth driven by a slew of new initiatives taken by regulator Irdai and the govt
Nayar emphasised the importance of local inflation factors like food and rent on inflation expectations
He talks about issues ranging from the United States election results and growth in gross domestic product to agriculture and his experience of having a ringside view of the Indian economy
Apart from commission structures, the insurance companies can also try other levers to absorb the impact
India need not worry about trade battles driven by climate policies, Nageswaran said in his keynote address at the Business Standard BFSI Summit on Friday
Money leaving the banking system and entering the markets through unsecured lending, cautions Kamath at the Business Standard BFSI Insight Summit
Business Standard BFSI Summit highlights: Catch all the updates related to the BFSI summit here
At the Business Standard BFSI Summit, Devina Mehra discusses market volatility, IPO risks, and the importance of data-driven investing
At the Business Standard BFSI Insight Summit 2024, Debasish Panda, Irdai boss, shared his transformative vision for India's insurance sector
While compliance may incur costs, it strengthens consumer trust and safeguards data security in an era when customers increasingly demand faster service, said panellists at the BS BFSI Summit
Payment and security experts explain widespread scams, bat for better cooperation and education
The Reserve Bank of India (RBI's) had said that housing finance companies find the pre-payment penalty imposed as a challenge for the lenders. However, there is better clarity on regulations
Focus is on staying ahead on the technological front
He also spoke about how the RBI is looking to internationalise the Unified Payments Interface, and the plans for the Unified Lending Interface and central bank digital currency
Money managers noted that as markets retreated, earnings growth expectations also moderated, neutralising impact on valuations
Industry players said that regulatory bodies in India engage in private deliberations with firms, scrutinising and evaluating them before taking any supervisory action