Banks including State Bank of India (SBI) and Canara Bank are debiting insurance premiums for Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJ...

State Bank of India (SBI) customers can now enrol in various social security schemes using only Aadhaar. They need not carry their passbook...

Bank credit to women borrowers accounted for 22.5% share in bank loans to individuals, during 2021-22, up from 19.5 percent five years ago ...

This is a Government of India Life Insurance Scheme. It is a pure term insurance policy, renewable from year to year. PMJJBY is available t...

Surprisingly, nearly 50 per cent of the subscribers of Atal Pension Yojana and Pradhan Mantri Jeevan Jyoti Bima Yojana are from urban areas.

The meeting assumes significance in the light of recent report in a section of media citing specific instances where Re 1 or more was depos...

Gross NPA of the public sector banks have surged from 5.43 per cent (Rs 2.67 lakh crore) in 2014-15 to 9.32 per cent (Rs 4.76 lakh crore) i...

"We do not look at the number of products as a challenge. The market is open; our total new business grew by 30% in 2015-16," says Basu.

The meeting will review the annual performance of PSBs taking bad loans into account as well as financial institutions and deliberate on re...

Finance Minister Arun Jaitley, in the Budget 2016-17, said the government will unveil a road map for consolidation in public sector banks.

Mounting bad loans and declining profitability of state-owned banks will be the focus of the second edition of Gyan Sangam, a retreat of he...

The commercial banking industry is also gearing up to face a new kind of competition in form of payments and small finance banks that would...

Life insurance companies have selected Experian, a global data analytics company, to build a data repository and a fraud monitoring framewo...

"The turn around time in most of cases so far has been less than 10 days and we expect this trend to continue as far as claim settlement is...

As many as 22 death and accident claims were settled within a month of the launch of the government's flagship social security insurance sc...

Jaitley will meet the heads of PSU banks tomorrow to review their performance and bad loans situation as also to persuade them to pass on R...

Both the schemes will provide covers of Rs 2 lakh each. While PMSBY will cover accidental death risk, the latter will cover both natural an...