FIDC to Seek Phased Insurance Commission Reset from IRDAI
NBFCs via FIDC are requesting a gradual implementation of IRDAI's proposed insurance commission caps to protect credit-linked distribution viability.
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Mahindra Finance Tightens Collections in 282 Drought-Prone Districts
Mahindra Finance initiates targeted collection intensives and credit tightening across 282 districts to mitigate climate-linked asset quality risks in tractor portfolios.
Read articleUnion Bank Estimates ₹5,500 Crore Impact from ECL Transition
Union Bank of India projects a ₹5,500 crore impact from the shift to Expected Credit Loss (ECL) provisioning, setting a benchmark for PSU bank capital requirements.
Read articleIRDAI Commission Curbs: Assessing the 15-40% LIC Agent Attrition Risk
New IRDAI commission caps could trigger a massive exodus of life insurance agents, forcing lenders to rethink distribution models and digital onboarding strategies.
Read articleBajaj Finance Pivots to Term Loans Amid Proposed RBI Revolving Credit Ban
Bajaj Finance prepares new term-loan variants effective November 1 as the RBI considers a ban on revolving credit for NBFCs, impacting product design and profitability.
Read articleICICI Bank CASA Ratio Declines to 36.1% Amid FCNR Surge
ICICI Bank reports a 340 bps drop in CASA ratio to 36.1% as FCNR(B) deposits rise, leading to sequential NIM contraction and a shift toward lower-margin overseas assets.
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