Weekly Insights from The Banking & Finance Post: News, Articles, Interactions & More

IRDAI Unveils ‘Bima Trinity’ Plan, Reviews Insurance Sector at 9th Bima Manthan

The Insurance Regulatory and Development Authority of India (IRDAI) held the 9th edition of Bima Manthan, its quarterly review meeting with insurance company CEOs, on February 13-14.

Read more: https://tinyurl.com/yf5y9x3w

Bank of Maharashtra Secures RBI Nod for GIFT City Branch

State-owned Bank of Maharashtra (BoM) has received approval from the Reserve Bank of India (RBI) to establish an International Financial Services Centre (IFSC) Banking Unit at Gujarat International Finance Tec-City (GIFT City).

Read more: https://tinyurl.com/38emp3z6

Future Generali India Insurance Appoints Kanika Garg as COO

Future Generali India Insurance Company Limited has strengthened its leadership team with the appointment of Kanika Garg as the Chief Operating Officer (COO).

Read more: https://tinyurl.com/yc7jf9e4

2024 in Retrospect the Year That Transformed Life Insurance

Ever since the liberalisation of the Indian insurance market at the turn of the 21st century, there has been widespread transformation across the domestic insurance landscape.

Read more: https://tinyurl.com/5xh23m9e

Liberty GI & Maruti Suzuki Insurance Broking Boost Insurance Awareness in Punjab’s Gram Panchayats

Liberty General Insurance has reinforced its commitment to increasing insurance awareness and accessibility through its collaboration with Maruti Suzuki Insurance Broking Pvt Ltd.

Read more: https://tinyurl.com/4vhu7yws

Fintech Startup Mysa Raised $2.8 Mn in Seed Funding Led by Blume Ventures

Mysa, a unified finance and banking platform for mid-size businesses, has raised $2.8 million in a seed funding round led by Blume Ventures.

Read more: https://tinyurl.com/y5fksmuj

SIDBI & AFD Sign Credit Facility Agreement to Boost Green Finance for MSMEs

SIDBI and AFD have entered into a $100 million Credit Facility Agreement (CFA) to promote green finance solutions for India’s micro, small, and medium enterprises (MSMEs).

Read more: https://tinyurl.com/ypefj4za

Rethinking Insurance Next Decade Trends & Tools

The insurance industry is standing at the cusp of a remarkable transformation, shaped by technology, customer expectations, and evolving ecosystems.

Read more: https://tinyurl.com/kbzack66