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SBI Life net profit falls marginally to Rs 804.64 crore in Q426

SBI Life net profit falls marginally to Rs 804.64 crore in Q426

by AIP Online Bureau | Apr 22, 2026 | Indian News, Life, Regulation

Amit Jhingran, Managing Director and Chief Executive Officer, said the life insurance industry witnessed improved momentum during FY26, supported by recent regulatory measures and a shift in customer preference towards protection-oriented products. He added that the...
RBI approves Debasish Panda as Bandhan Bank’s part-time chairman

RBI approves Debasish Panda as Bandhan Bank’s part-time chairman

by AIP Online Bureau | Apr 22, 2026 | Banking & Bancassurance, Briefs, Life, Regulation

Debasish Panda, part-time chairman, Bandhan Bank The Reserve Bank of India has granted its prior approval for the appointment of Debasish Panda, former chairman of IRDAI as part-time chairman (PTC) of Bandhan Bank, for a period of three years with effect from the date...
Jio Finance and Allianz form 50:50 JV for non-life biz in India

Jio Finance and Allianz form 50:50 JV for non-life biz in India

by AIP Online Bureau | Apr 22, 2026 | Eco/Invest/Demography, Health, Indian News, Non-Life, Regulation

Mukesh D. Ambani, chairman and MD, Reliance Industries and promoter of Jio Finance JFSL and Allianz are also working towards a separate binding agreement for life insurance business in India. Mukesh D. Ambani, chairman of Reliance Industries and promoter of Jio...
Abu Dhabi National Insurance launches reinsurance branch in India’s GIFT City

Abu Dhabi National Insurance launches reinsurance branch in India’s GIFT City

by AIP Online Bureau | Apr 22, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance

Charalampos Mylonas, chief executive officer, ADNIC, said, “Receiving the licence to operate in GIFT City represents an important milestone in ADNIC’s international growth journey. It reinforces our long-term commitment to supporting clients and partners in India,...
HDFC Life Insurance approves extension of Vibha Padalkar as MD & CEO for 5 years

HDFC Life Insurance approves extension of Vibha Padalkar as MD & CEO for 5 years

by AIP Online Bureau | Apr 21, 2026 | Indian News, Life

Vibha Padalkar,Managing Director & Chief Executive Officer Mumbai:HDFC Life Insurance on Tuesday said the company has approved the extension of Vibha Padalkar as the Managing Director & Chief Executive Officer for a period of five years. The extension is based...
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