From The Economic Times
Center-Right Owned by Bennett, Coleman & Co.Banks also count cost of insurance payout curbs
RSS excerpt
Central Bank of India anticipates a 33% decline in bancassurance fees due to proposed regulations. Canara Bank expects a ₹145-crore hit to its fee income from similar changes. Axis Bank aims to mitigate losses through increased sales volumes and alternative income sources. HDFC Bank has not yet…