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Canara Hsbc Obc Life Insurance

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  • Business

Banks as insurance brokers may not be on FinMin to-do list

Banks becoming insurance brokers to sell policies was one of the most talked proposals of P Chidambaram, finance minister in the previous United Progressive Alliance-led government. However,......

Banks oppose HSBC's plan to sell stake in insurance JV

HSBC’s plan to sell stake in its Indian life insurance joint venture (JV) with two public-sector banks has run into rough weather. State-owned Canara Bank and Oriental Bank of Commerce......

Life plans: Insurers seek separate exemption limit

The insurance industry wants the government to create a separate tax exemption limit of Rs 50,000 for life insurance premium in the forthcoming Budget to encourage more individuals to buy such......

HSBC sets up life JV with Canara, OBC

Europe's largest banking group HSBC is entering India's fast-expanding life insurance market, jointly with public sector banks Canara Bank and Oriental Bank of Commerce. Canara Bank will hold a......

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