by AIP Online Bureau | Feb 2, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation
M. Nagaraju, secretary, Department of Financial Services Foreign ownership in State Bank of India – the country’s largest lender – and 11 other state-owned banks is capped at 20%, a legacy restriction rooted in the government’s desire to retain strategic...
by AIP Online Bureau | Feb 2, 2026 | Banking & Bancassurance, Briefs
Axis Max Life Insurance has entered into a strategic partnership with Muthoot Microfin Limited. The partnership aims to accelerate life insurance penetration in India’s underserved Tier 2 and Tier 3 markets, providing essential financial protection to millions of...
by AIP Online Bureau | Feb 1, 2026 | Articles, Eco/Invest/Demography, Life, Non-Life, Reinsurance
As India moves confidently towards its vision of Viksit Bharat, with right policy support,the insurance sector is committed to partnering in this journey protecting people, supporting businesses, enabling infrastructure, and building a more secure and resilient nation...
by AIP Online Bureau | Feb 1, 2026 | Articles, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management, Technology
Girija Subramanian, CMD, New India Assurnace The government is strengthening the demand side of general insurance business by ensuring that the “Make in India” and biomanufacturing push translates into valuable physical and digital assets that simply cannot afford to...
by AIP Online Bureau | Feb 1, 2026 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy
Nirmala Sitharaman,Finance minister Allied Health Professional Institutes in 10 key disciplines will be set up and upgraded to create nearly one lakh skilled professionals over the next five years, through public and private sector participation. Additionally, a...
