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FEE INCOME FROM INSURANCE
Banks also count cost of insurance payout curbsCentral Bank of India anticipates a 33% decline in bancassurance fees due to proposed regulations. Canara Bank expects a ₹145-crore hit to ...- Law ministry brings new rules for adjudicating court fee violations in Union territoriesThe Union law ministry has notified rules to address violations of court-fee and stamp-sale provisions in Union territories. The 2026 rules...
- USDA and CBP spent $861 million checking travellers and cargo for farm pests in 2011, but fees left a $325 million gap because federal law limits who paysThe United States has struggled with funding for its Agricultural Quarantine Inspection program due to fee shortfalls. In 2011, the program...
- Central Bank of India’s Q2 profit jumps 21% YoY to Rs 1,469 croreIn September 2026, Central Bank of India reported an impressive net profit hike of 21%, totaling 1,469 crore. This boost was largely attrib...
- Central Bank of India Q2 profit rises 21% as loans grow 30%Central Bank of India reported a 21% rise in September 2026 quarterly net profit to Rs 1,469 crore, supported by 26% net interest income gr...
- Central Bank's net profit up 21% in Q2 FY26Central Bank of India reported a 21% increase in net profit amounting to Rs 1469 crore for September 2026. Net interest income grew by 26% ...
- Ather Energy gets Irdai licence, will distribute and service insurance policiesThe Insurance Regulatory and Development Authority of India granted the subsidiary a certificate of registration on October 15 to act as a ...
- HDFC Life posts 14% rise in Sept quarter profitValue of new business (VNB) margin expanded 20 basis points to 24.7% against 24.5% a year ago. One basis point is a hundredth of a percenta...
- Jio Financial Services Q2 Results: PAT drops 51% YoY to Rs 340 crore; NII soars 165%Jio Financial Services reported a 51% year-on-year decline in Q2 FY27 profit to Rs 340 crore, despite total income rising 132% and net inte...
- IRDAI eyes January 2028 beta launch of Public Insurance Registry: Chairman Ajay SethIRDAI is working on a Public Insurance Registry to enhance insurance data sharing among stakeholders. The beta version is scheduled for Jan...
- India insurance regulator to oversee smooth transition to new commission rules, chairman saysIndia's insurance regulator, the IRDAI, plans to implement reforms for insurance sales to improve the market. Proposed changes include capp...
- Canara Bank shares slide over 6% after Q2 earnings. Buy, sell or hold the state lender?Canara Bank shares fell sharply on Thursday despite reporting an 8% year-on-year rise in Q2 FY27 standalone net profit to Rs 5,175 crore. B...
- JPMorgan posts rare profit miss as dealmaking, bond trading lose momentum(Compares with estimates in headline and paragraph 1, adds analyst comment in paragraph 4, updates shares, details and context throughout)-...
- IRDAI may allow transition period for insurance fee capIRDAI Chairman Ajay Seth said the regulator is examining industry feedback on a consultation paper that is open until October 25, while mai...
- Visa denied, trip cancelled: Can travel insurance help you recover your losses?Some insurers now reimburse visa fees if your application is rejected. But modest payouts, exclusions and multiple conditions can limit the...
- UPI MDR framework needs rationalisation to protect public trust: ReportUPI, a public digital infrastructure, has generated significant convenience for users and productivity gains for the economy, with its long...
- UPI MDR framework needs rationalisation to protect public trust: IIT Bombay reportThe report cautioned that public trust in UPI could be undermined if the proposed MDR framework is implemented in its present form, stressi...
- IRDAI may roll out insurance commission caps from January, overhaul distribution rulesIndia's insurance regulator is planning significant reforms to the insurance distribution system, aiming for implementation soon. Proposed ...
- Insurance brokers oppose IRDAI commission caps, warn of 60-70% revenue hitInsurance brokers in India are opposing commission cap proposals from the Insurance Regulatory and Development Authority of India. They war...
- Karnataka gig workers seek implementation of welfare schemesIn a letter to the board’s chief executive officer, Indian Federation of App-based Transport Workers (IFAT) and Karnataka App-based Workers...
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