September 28, 2026 – Page 186 – FinSiddhi

Big insurers, bigger advantage? Smaller players flag Irdai’s new expense caps

Smaller life and general insurers worry that proposed distribution reforms might benefit larger insurers disproportionately. The changes include lowering expense management limits for both life and general insurers. Smaller insurers are concerned that the aggregate expense cap could limit their competitive ability in retail insurance. Larger insurers may leverage their economies of scale to manage…

IndusInd Bank eyes India’s 2,117 GCCs with new banking vertical

IndusInd Bank has introduced a new banking vertical specifically for Global Capability Centres within India. This initiative aims to address the growing banking needs of these centres as they expand. The vertical integrates corporate and employee banking into a unified relationship. It also includes foreign-currency account services to meet cross-border transaction requirements. IndusInd Bank’s approach…