A $6 bn deal signals major appetite for the India prize as global giants look to deepen exposureThe sale of a controlling stake in IDBI Bank for around $6 billion is being viewed a pivotal moment in India's banking reform journey. The ...
15 Oct, 2026, 08.55 AM IST
ET Product of the Year Awards 2026: Recognising insurance products that customers trustIndia's insurance industry is witnessing growth, yet challenges remain in accessibility and understanding. The ET Product of the Year Award...
15 Oct, 2026, 07.00 AM IST
Cabinet clears way for Watsa's Fairfax's Rs 52,878 crore deal for 60.72% stake in IDBI BankFairfax Financial Holdings will acquire a majority stake of 60.72% in IDBI Bank for ₹52,878 crore. This acquisition marks a significant mom...
15 Oct, 2026, 05.30 AM IST
Fairfax offers plan to resolve IDBI-CSB ownership overlappingA merger of the two lenders is emerging as the most likely option, potentially allowing the Canadian investor to consolidate its banking in...
15 Oct, 2026, 12.43 AM IST
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...
13 Oct, 2026, 12.18 AM IST
Go slow on rate hikes: Make capital accessible and affordable to drive investment and job creationIndia is witnessing a notable increase in active companies, driven by the easing of regulations and lower capital costs. The government's f...
11 Oct, 2026, 11.45 PM IST
Nomura becomes latest brokerage to cut PB Fintech share price target by 31%, lists 2 scenarios for fair priceNomura has cut PB Fintech’s target price by 31% to Rs 1,100 after proposed IRDAI curbs on insurance website practices and commissions. The ...
09 Oct, 2026, 04.16 PM IST
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 ...
09 Oct, 2026, 07.48 AM IST
IRDAI and the avoidable art of regulatory jaywalkingThe recent policy adjustments by IRDAI have led to a marked decline in investor confidence and value within the insurance industry. The tra...
08 Oct, 2026, 09.26 PM IST
IRDAI overhaul may force insurance brokers to rethink deal valuationsThe Insurance Regulatory and Development Authority of India has suggested regulatory changes that may significantly affect insurance broker...
07 Oct, 2026, 07.56 AM IST
ElevenLabs bets big on India; GCC jobs shiftElevenLabs is planning to expand its voice AI platform to include all 22 Indian languages. This and more in today’s ETtech Top 5.
06 Oct, 2026, 08.01 PM IST
Insurance misselling misunderstood: The regulator’s proposal is tantamount to addressing the symptom, while ignoring the causeIn FY25, the Indian insurance sector experienced significant premium growth while maintaining flat penetration rates. However, complaints r...
06 Oct, 2026, 07.26 AM IST
Reducing commissions may help curb mis-selling of insurance products; IRDAI’s role remains crucialThe Insurance Regulatory and Development Authority of India has announced new proposals to limit commission rates for insurance distributor...
05 Oct, 2026, 12.27 PM IST
IRDAI’s insurance distribution paper: Economics in focus, consumer protection gaps remainRules and caps can change behaviour. Incentives determine whether organisations merely comply with the rules or actually change the behavio...
05 Oct, 2026, 11.28 AM IST
Wall Street’s $10 billion India hospital bet sparks a fight over billsWall Street has poured about $10 billion into Indian hospital chains over the past five years, with investors including Blackstone, KKR, TP...
05 Oct, 2026, 11.00 AM IST
Insurance penetration stays low as operating costs rise faster than premiums: McKinseyIndia's insurance penetration is at 3.7 per cent of GDP, which is below the global average. While life insurance premiums grew, the number ...
01 Oct, 2026, 02.24 PM IST
IBAI flags job, growth risks from IRDAI’s proposed distribution reformsThe Insurance Brokers Association of India (IBAI) has warned that IRDAI’s proposed changes to insurance distribution could shrink distribut...
30 Sep, 2026, 08.33 PM IST