India’s insurance sector is set for a major transformation. New reforms are expected to bring global standards and boost insurance coverage across the nation. This move aims to address the current low penetration levels and offer better products to the public. The changes are designed to improve pricing and accessibility, paving the way for sustainable growth in the insurance industry.
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore
AU’s gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at Rs