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Latest news, explainers and analysis on Bfsi. Tracking 3 stories on Arth Vani.
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BreakingIRDAI Extends Insurance Distribution Reform Feedback Deadline to October 31 After 650+ Comments
The Insurance Regulatory and Development Authority of India (IRDAI) has extended the deadline for receiving feedback on its proposed insurance distribution reforms to October 31, 2023. This extension comes after the regulator already received over 650 comments from various stakeholders, highlighting significant interest in the potential changes to how insurance products are sold and serviced in India.
GCC Investments Surge in India's Tech and BFSI Sectors as Ease of Doing Business Improves
Global Capability Centres (GCCs) are significantly increasing their footprint in India, particularly within the Banking, Financial Services, and Insurance (BFSI) and technology sectors. According to Nasscom, this surge is driven by India's improved regulatory environment and the availability of high-end digital talent.
Lower Oil Prices Boost Indian Markets: BFSI, Defence, and Logistics Emerge as Key Bets
Falling global crude oil prices and cooling foreign investor sell-offs are brightening the outlook for Indian stocks. Experts suggest this shift could benefit fuel-dependent sectors like airlines and shipping while providing a tactical entry point for retail investors.
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