Union Bank Projects ₹110 Crore Fee Income Impact from IRDAI Norms
Union Bank of India expects a significant impact on fee income due to proposed IRDAI distribution norms, signaling a shift in bancassurance revenue models for PSU banks.
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Canara Bank Projects ₹200 Crore Impact from Proposed IRDAI Norms
Canara Bank anticipates up to a ₹200 crore reduction in distribution income following proposed IRDAI commission reforms, signaling a shift for bancassurance models.
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