Anup Bagchi is moving to head HDFC Bank. ICICI Life Insurance is replacing him with Sidharatha Mishra as the new MD & CEO of the company for five years. Mishra, also a ICICI veteran, with over 26 years with the bank, currently heads the digital channels & partnerships, voice channel, customer service, NRI & IFIG … Read more
N. S. Kannan, current MD & CEO of ICICI Pru Life, is retiring on the completion of his tenure on June 18, 2023. He is being replaced by Anup Bagchi, an old hand with the ICICI group since 1992. Anup has extensive experience across domains and is currently the Executive Director of the ICICI Bank. … Read more
With an intention to reduce non-banks business risks and focus on boosting credit growth, Reserve Bank of India (RBI) has asked banks to reduce their stake in insurance companies to 30%. The limit is 50% for NBFCs holding stakes in the insurance companies. Banks may get 3-5 years to implement this rule As per the … Read more
Talk of the town… Everyone is wondering whether to invest or not… 6 key pointers to consider