RBI policy rate cut possibility is high in August, and double-digit vehicle volumes growth in 2HFY26 cannot be ruled out, according to PNB MetLife’s Chief Investment Officer.

RBI policy rate cut possibility is high in August, and double-digit vehicle volumes growth in 2HFY26 cannot be ruled out, according to PNB MetLife’s Chief Investment Officer.

According to Sanjay Kumar, Chief Investment Officer at PNB MetLife, the Reserve Bank of India (RBI) may consider cutting policy rates again in August, but the threshold for doing so is quite high. This is due to the current inflation data, along with the outlook for...
The life insurance industry’s Assets Under Management (AUM) has reached Rs. 62 lakh crore in 2024.

The life insurance industry’s Assets Under Management (AUM) has reached Rs. 62 lakh crore in 2024.

The life insurance industry in India has witnessed significant growth, with the Assets Under Management (AUM) increasing by over 9% to Rs. 62 lakh crore in March 2024 from Rs. 55 lakh crore in March 2023, according to data from the Insurance Regulatory and Development...