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Life insurers in India experienced a significant surge in premium income. The premium income rose by 22.4% in July 2025, reaching 38,958 crore. Both private and state-run Life Insurance Corporation contributed to this growth. Individual single premiums and non-single premiums also saw increases. The industry added a substantial number of new agents.
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Bank credit growth has slowed to 1.4% in FY26 so far, compared to 2.3% last year, while deposit growth remains steady at 3.4%. Corporate credit demand is lower as companies explore market instruments. Despite rate cuts, housing loan demand hasn't surged as expected, but overall financial resources to the commercial sector have increased.
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Sebi chief Tuhin Kanta Pandey spoke about redefining independent directors' roles. He addressed the 2025 Annual Directors' Conclave. Pandey emphasized that independent directors should be stewards of accountability. He urged them to freely dissent and question information. He highlighted the importance of diverse views for a stronger board.
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