Banks also count cost of insurance payout curbs
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 assessed the potential impact of the new rules.
Read the full report on The Economic Times
Story file
- Section
- Business
- First reported by
- The Economic Times
- Reporter
- shilpy sinha
- Published
- Sunday, 18 October 2026, 7:21 pm IST
- Coverage
- One outlet so far
How this page works. The Headline Update lists this report from The Economic Times with a short summary and a link to the original. The original reporting and photograph belong to the publisher. Spotted an error in our summary? Tell our corrections desk.
