📰 ET Stocks 🔴 BEARISH 🕒 19 Oct 2026, 12:51 AM IST

Banks also count cost of insurance payout curbs

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Core Development: Banks also count cost of insurance payout curbs

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Market & Financial Impact: 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.

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Actionable Insight: 🔴 Bearish Risk: Regulatory scrutiny, profit decline, or sell-off risk may create near-term volatility.

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.

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Banks also count cost of insurance payout curbs

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