SBI Life & other insurance stocks tumble up to 8%. Here’s why

Shares of Life Insurance companies took a dip, falling as much as 8% on the BSE on Thursday after reports suggested that the insurance regulator IRDAI is considering limiting a parent bank’s contribution to an insurer’s total bancassurance business.

More To Explore

Asian stocks start cautious, dollar holds drop

Asian shares began cautiously following a tech-driven rally in US stocks, while bonds remained steady. Investors are closely monitoring trade war developments, including extended tariff