Star Health Signals Shift to Retail Bancassurance Amid Rule Changes
Star Health CFO Nilesh Kambli suggests group health business may move to retail channels via banks as IRDAI proposes new distribution commission caps.
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AU Small Finance Bank Data Leak: Managing Third-Party SaaS Risk
AU Small Finance Bank is investigating a potential data leak involving a Salesforce-hosted platform, highlighting critical vulnerabilities in third-party distribution tools.
Read articleSuresh N Patel to Chair High-Level Committee on Banking Reforms
The Indian government has formed a four-member committee to recommend structural reforms in banking regulation, technology, and capital to support the Viksit Bharat vision.
Read articleBandhan Bank Projects ₹200 Crore Impact from IRDAI Distribution Norms
Bandhan Bank estimates a ₹200 crore annual hit to fee income from proposed IRDAI distribution norms, highlighting the shift toward cost-linked commission models in bancassurance.
Read articleIndian Banks Face Projected NPA Rise in FY27 from MSME and Retail
Lenders anticipate a modest uptick in fresh NPAs by FY27, driven by cyclical stress in unsecured retail and MSME portfolios, requiring immediate credit filter recalibration.
Read articleSupreme Court Mandates Bank Liability for Digital Fraud Negligence
The Supreme Court rules that banks must compensate victims of digital fraud caused by negligence, requiring AI-driven monitoring and proactive transaction blocking.
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