The General Insurance Council (GIC) has criticized the Association of Healthcare Providers India (AHPI) for discontinuing cashless hospitalization for Bajaj Allianz General Insurance and Care Health Insurance customers, deeming it disruptive and harmful. AHPI’s decision, driven by disputes over reimbursement rates amid rising medical costs, will require patients to pay upfront and seek reimbursement later.
PSU bank stocks soar up to 8%, but HDFC, Axis and other private lenders fall up to 5% after Q2 results. Why the sharp divide?
PSU bank stocks surged up to 8% on Monday, led by Punjab National Bank after its Q2FY27 earnings beat estimates. In contrast, private lenders such