Jio Finance and Allianz Commit ₹640 Crore to New General Insurance JV
Jio Financial Services and Allianz SE invest ₹320 crore each in a new general insurance joint venture, targeting digital-first distribution in the Indian market.
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RBI Data: Medium Industry Credit Grows 32% as Industrial Lending Surges
Bank credit to industry rose 18% in August, led by a 32% jump in medium-industry lending. This shift signals a pivot toward mid-market MSME portfolios for Indian lenders.
Read articleOperational Impact of India’s Proposed Five-Day Banking Week
The IBA and bank unions have formed a committee to implement a five-day work week, necessitating a shift in branch operations and digital channel management.
Read articleAnalysing India's Common Data Layer for Insurance Markets
The proposed Public Insurance Registry and Bima Sugam will create a unified data layer, shifting the industry from siloed records to verified Market Infrastructure Institutions.
Read articleFCNR(B) Liquidity Influx: Strategic Shifts for Banks and NBFCs
A surge in FCNR(B) deposits is recalibrating the Indian credit market, pressuring bank margins while offering NBFCs a window for lower wholesale funding costs.
Read articleBank of India Launches Programmable e₹ for Targeted Disbursements
Bank of India introduces programmable CBDC features, enabling automated payments with purpose-linked spending restrictions for retail and corporate use cases.
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