Artificial Intelligence is revolutionizing insurance in India. Customers now start their search online, with AI simplifying complex policies into easy conversations. This technology makes insurance understandable and accessible, even in smaller cities. AI-powered tools handle queries, speed up processes, and personalize recommendations. This shift is crucial for increasing insurance penetration across the nation.
RBI proposes easing rules for mutual funds, insurers to acquire higher stake in banks
The RBI has proposed one-time approval for mutual funds, insurers and pension funds to increase bank shareholding up to 10% without repeated regulatory clearance. The