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Go Digit Insurance

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9 Stories Indexed
Last Updated: Just Now
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Startups & Venture Capital 10 Nov 2026, 08:00 AM IST

Go Digit Q2 Profit Falls 31% to ₹142 Crore as Insurance Growth Slows

Insurtech player Go Digit reported a 31.1% year-on-year decline in net profit for the September quarter, underscoring the pressure on earnings even as the company continues to scale its insurance franchise. The results highlight the volatility of underwriting-led profitability in India’s fast-growing digital insurance market, where claims trends, pricing discipline and product mix can quickly reshape quarterly performance.

By RDU Global Wire5 min read
Banking, Fintech & Insurance26 Oct 2026, 08:00 AM IST

India’s Fintech Stack Faces Its Next Test: Going Global

At TechSparks 2026, leaders from Skydo and PhonePe framed India’s fintech opportunity as a question of infrastructure, not just innovation. The discussion underscored that scaling cross-border payments, compliance, and operational efficiency will determine whether Indian fintech can compete beyond domestic markets.

5 min readRead →
Banking, Fintech & Insurance17 Oct 2026, 05:00 PM IST

Fairfax Plans to Fold Digit and IIFL Capital Under IDBI Bank in Sweeping Financial Services Restructuring

Fairfax Financial Holdings is preparing to bring its interests in Go Digit and IIFL Capital Services under IDBI Bank, a move that could create a diversified financial-services platform spanning banking, insurance, investment banking and wealth management. The proposed restructuring follows Fairfax’s selection as the strategic buyer for a 60.72% stake in IDBI Bank for about Rs 52,878 crore, underscoring its intent to build a broader India-focused financial franchise.

4 min readRead →
Banking, Fintech & Insurance17 Oct 2026, 08:00 AM IST

ED Searches 17 Kerala Locations in Alleged ₹550 Crore Co-operative Bank Fraud Probe

The Enforcement Directorate on Friday searched 17 locations across Kerala in connection with an alleged ₹550 crore fraud involving co-operative banking institutions, intensifying scrutiny of a sector long viewed as politically sensitive and financially vulnerable. The operation covered premises linked to the Urban Co-operative Society in Angamaly, Thennala Service Co-operative Bank and Kuttanellur Co-operative Bank, according to officials familiar with the probe.

5 min readRead →
Banking, Fintech & Insurance16 Oct 2026, 01:35 PM IST

DBS Chief Cites FCNR(B) Demand as Proof of Global Faith in India, Urges More FDI

DBS Bank chief executive Tan Su Shan said strong demand for FCNR(B) deposits shows overseas confidence in India even as concerns persist over capital outflows and rupee pressure. She argued that India needs more foreign direct investment and stronger exports to reinforce currency stability, while also highlighting the country’s AI opportunity.

5 min readRead →
Banking, Fintech & Insurance15 Oct 2026, 04:22 PM IST

Finance Ministry to Review Bank-Led Push on Financial Inclusion on Tuesday

The Finance Ministry will meet heads of banks on Tuesday to assess the progress of India’s flagship financial inclusion programmes, including Jan Dhan, Mudra, and key insurance schemes. The review is expected to focus on account penetration, credit access for small businesses, and the depth of social security coverage across the banking system.

6 min readRead →
Banking, Fintech & Insurance14 Oct 2026, 06:14 PM IST

Govern Like HDFC, Build Like Google: PhonePe CEO Signals IPO and Global Ambition

PhonePe chief executive Sameer Nigam said the fintech company is aiming to go public “hopefully not too far away,” while stressing that governance standards must mature as quickly as product innovation. Speaking at TechSparks 2026, he framed PhonePe’s next phase around disciplined expansion, international growth and institutional readiness. Nigam also drew a sharp distinction between how a company should be run and how it should be built, urging startups to borrow governance from banks and execution from global technology leaders.

5 min readRead →
Startups & Venture Capital11 Oct 2026, 08:52 PM IST

IRDAI May Bring Insurance Commission Caps Into Force From January 2027

India’s insurance regulator is considering introducing long-discussed commission caps from January 2027, a move that could reshape how insurers pay intermediaries and how distribution economics work across the sector. The proposal, if implemented, would mark one of the most consequential regulatory shifts in years for insurers, brokers and agency-led sales models.

6 min readRead →
Banking, Fintech & Insurance11 Oct 2026, 02:00 PM IST

Apple Pay Debuts in India, Backed by Axis Bank Visa and Mastercard Credit Cards

Apple Pay has officially launched in India, enabling Axis Bank credit card holders to make contactless payments using Visa and Mastercard cards on Apple devices. The rollout adds a high-security, tokenised payment option to India’s fast-growing digital commerce ecosystem, with no need for PINs or one-time passwords at the point of sale. The move broadens Apple’s financial services footprint in one of the world’s most competitive payments markets.

5 min readRead →

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