Insurers compete for distributors, who control access to buyers, pushing up commissions, with the cost ultimately paid out of premiums. Over time, this can erode trust in insurance markets and the industry, plausibly reducing insurance uptake. This is also a central argument about consumer financial markets in Fixed: Why Personal Finance is Broken and How to Make it Work for Everyone, co-authored by one of us with John Campbell.
If you have a bank account you haven’t used in years, it may be the right time to check its status. This is because the Reserve Bank of India (RBI) regularly advises bank account holders via text messages, emails, and official press releases to monitor their unused bank accounts and ensure they remain active and…
Shares of cement major UltraTech Cement gained 2% to their day’s high of Rs 12,125 on the BSE on Tuesday after multiple brokerages raised their target prices for the stock following its Q1 earnings and strong guidance. The company on Monday reported a 17% year-on-year (YoY) increase in its consolidated net profit to Rs 2,599…
Mumbai: Non-banking finance companies (NBFC) originate about half of India’s new-to-credit customers by number, up from 24% a decade ago, as consumer-durable loans increasingly bring first-time borrowers into the formal financial system. NBFCs’ share of new-to-credit, or NTC, originations rose to 50% in the three months ended June 2026 from 24% in the corresponding period…
India’s primary market is heading into one of its busiest weeks of 2026, with 11 IPOs opening for subscription and looking to raise a combined Rs 24,574 crore. The week will be led by two large mainboard issues — NSE and Hero Motors — which together account for more than Rs 23,500 crore of the…
The long-awaited National Stock Exchange of India (NSE) IPO is set to make its stock-market debut on September 24, 2026, with the shares scheduled to list on the BSE. Ahead of the much-anticipated debut, the grey market indicates a 2.2% premium over the IPO’s upper price band of Rs 1,785 per share. The GMP has…
Deepak Shenoy, Founder and CEO of Capitalmind Mutual Fund, has discussed SIPs on X. The post has gone viral, already garnering more than 65,000 views. Shenoy noted monthly SIP investments had now reached ₹31,000 crore nationally. Shenoy argued the primary benefit wasn’t actually price averaging, contrary to popular belief. Most people have a monthly SIP;…