Under the Goods and Services Tax, effective midnight of June 30, most of the financial services would attract a higher tax of 18 per cent as against 15 per cent as of now. Consumers will have to......
Exclusive tie-ups between banks and insurance companies to sell their products are set to be history, with the regulator putting a cap on the business a bank can get from a single insurer. While......
HSBC’s plan to sell stake in its Indian life insurance joint venture (JV) with two public-sector banks has run into rough weather. State-owned Canara Bank and Oriental Bank of Commerce......
Sebi fired a fresh salvo on Sunday in its battle with the insurance regulator, saying it would widen its probe into Ulips, which Irda considers its domain. The Securities and Exchange Board of......
Insurance Australia Group will pay Rs 542 crore (Rs 5.42 billion) for a 26 per cent stake in its general insurance venture, SBI General Insurance Co. The amount includes around Rs 500 crore (Rs 5......