BANKING & FINANCE
New India Assurance Expands Maritime Risk Cover, Eyes Retail
The New India Assurance Co. Ltd (NIA) has established the Bharat Maritime Insurance (BMI) Pool and the Bharat Marine Pool (BMP) to provide war-risk insurance cover for Indian shipping, while sharpening its focus on the retail and MSME segments as the next phase of growth. The maritime insurance mechanism will protect Indian trade from geopolitical […]
CW Team
·
Jul 27, 2026
ECONOMY
One District One Product Expands To 1,244 Products Across 773 Districts
The Indian government’s flagship One District One Product (ODOP) initiative has expanded to cover 1,244 unique products across 773 districts, as the government intensifies efforts to promote local manufacturing, strengthen market access and boost exports through a range of policy interventions. The Department for Promotion of Industry and Internal Trade (DPIIT), which anchors the initiative, […]
CW Bureau
·
Jul 25, 2026
BANKING & FINANCE
City Union Bank Steps Up Investments In Cybersecurity & AI
Private sector lender City Union Bank Ltd is accelerating investments in cybersecurity, digital banking and artificial intelligence as part of its strategy to strengthen customer protection and enhance banking services. The bank said it is continuing to invest aggressively in cybersecurity to ensure customers remain protected against evolving digital threats while building a technology-driven banking […]
CW Bureau
·
Jul 20, 2026
BANKING & FINANCE
Indian Overseas Bank Bets On Digital, RAM For Next Phase Of Growth
Indian Overseas Bank (IOB) is entering a new phase of strategic growth anchored in financial stability, customer-centric transformation and operational efficiency, with a sharper focus on retail, agriculture and MSME (RAM) segments and technology-led delivery. The bank said rising adoption of mobile banking, UPI and internet banking is reshaping customer engagement, while fintech partnerships and […]
CW Bureau
·
Jun 11, 2026
