Employees' State Insurance Corporation

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Healthcare, Pharma & Life Sciences 06 Nov 2026, 05:00 PM IST

ESIC Medical College and Hospital in Faridabad Successfully Performs Corneal Transplant Surgery

ESIC Medical College and Hospital in Faridabad has successfully carried out a corneal transplant, marking a notable clinical milestone for the employee-state insurance healthcare network. The procedure underscores the growing capacity of public-sector medical institutions to deliver advanced eye care and expand access to sight-restoring surgery for insured and underserved patients.

By RDU Global Wire5 min read

Banking, Fintech & Insurance21 Oct 2026, 08:00 PM IST

DIPAM Says IDBI-Fairfax Deal Fully Protects Employees as Stake Sale Advances

The government has said that employees’ service conditions at IDBI Bank will remain fully protected as the long-running privatisation process moves ahead, easing one of the key concerns around the proposed sale. DIPAM Secretary Arunish Chawla said the transaction structure has been designed to safeguard staff interests while allowing the strategic disinvestment to proceed.

5 min readRead →

Banking, Fintech & Insurance15 Oct 2026, 02:40 AM IST

Cabinet Clears Rs 52,878 Crore IDBI Bank Sale to Fairfax Arm in Landmark Financial FDI

India’s Cabinet Committee on Economic Affairs has approved the strategic sale of IDBI Bank to an arm of Fairfax Group, marking what Union Minister Ashwini Vaishnaw described as the country’s largest financial-sector foreign direct investment. The government and Life Insurance Corporation of India will together retain a 34% stake in the restructured bank, underscoring a calibrated exit that preserves a significant public-sector footprint while transferring control to a private investor.

5 min readRead →

Banking, Fintech & Insurance02 Nov 2026, 08:00 PM IST

Punjab National Bank Faces Rs 35 Crore Fraud Allegations in Greater Noida; Several Employees Suspended

Punjab National Bank is facing serious allegations after customers in Greater Noida claimed a fraud of about Rs 35 crore linked to a branch under the jurisdiction of Beta-2 police station. Police said the bank has suspended several employees, including the branch manager, and a case has been registered as investigators begin examining the complaints. The bank has assured authorities it will address customer grievances, officials said.

5 min readRead →

Banking, Fintech & Insurance31 Oct 2026, 02:00 PM IST

Punjab National Bank Customers in Greater Noida Allege Rs 35 Crore Fraud; Several Employees Suspended

Punjab National Bank customers in Greater Noida have alleged a fraud of about Rs 35 crore, prompting police action and an internal response from the lender. Authorities said several employees, including the branch manager, have been suspended, and a case has been registered at Beta-2 police station, which has jurisdiction over the branch.

5 min readRead →

Banking, Fintech & Insurance30 Oct 2026, 08:00 PM IST

Punjab National Bank Customers in Greater Noida Allege Rs 35 Crore Fraud; Several Employees Suspended

Punjab National Bank customers in Greater Noida have alleged a fraud of about Rs 35 crore, prompting police action and an internal response from the lender. Authorities said several employees, including the branch manager, have been suspended and a case has been registered at Beta-2 police station, which has jurisdiction over the branch. The bank has assured officials that it will address customer complaints as the investigation proceeds.

5 min readRead →

Banking, Fintech & Insurance28 Oct 2026, 02:00 PM IST

IDBI-Fairfax Deal: Employees’ Service Conditions Fully Protected, Says DIPAM Secretary

The government has sought to reassure employees as the long-pending strategic transaction involving IDBI Bank moves ahead, with the Department of Investment and Public Asset Management saying service conditions will remain fully protected. The assurance is aimed at calming concerns over job security and continuity as the disinvestment process advances under close regulatory and policy scrutiny. The deal remains significant not only for banking-sector ownership reform but also for broader market confidence in India’s asset-sale programme.

5 min readRead →

Startups & Venture Capital16 Oct 2026, 09:29 AM IST

Why Young Startup Employees Are Underinsured by Over Rs 1 Crore

Many young startup employees believe their employer-provided cover and a modest personal policy are enough, but the arithmetic often says otherwise. Rising liabilities, future income replacement needs, and inflation can leave a major protection gap that exceeds Rs 1 crore for early-career professionals.

6 min readRead →

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Co-Occurring Entities

Entities frequently referenced alongside Employees' State Insurance Corporation:

India(1)Faridabad(1)ESIC Medical College and Hospital, Faridabad(1)