Insurers are adapting motor insurance for electric vehicles (EVs) to address battery-related risks, a major EV cost component. Performance-linked battery failure coverage is being developed, unlike internal combustion engine (ICE) vehicles where claims are mainly accident-related. Insurers are collaborating with automakers to create specialized covers, including residual charging protection and performance guarantees, reflecting the unique needs of EVs.
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,
December 8, 2025