Independent Analyst Anand Tandon views insurance as a core area for long-term growth. He notes India is no longer underinsured in policy numbers, but policy values have potential. He suggests separating insurance from investment, favoring protection-focused policies. Tandon sees growth opportunities in life insurance and LIC’s shift to non-participating policies.
Banks unlikely to reduce deposit rates despite RBI easing
Following the latest repo rate decrease, bankers foresee only slight adjustments to deposit rates. The landscape, characterized by sluggish savings yields and elevated credit-deposit ratios,