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News 2026-09-28 01:03 UTC

Weekly Recap: IRDAI bancassurance caps and 79.3% FY26 pre-tax reliance

IndusInd Bank Ltd. (NSE:INDUSINDBK) faces regulatory and governance pressure as IRDAI's draft bancassurance caps target its outsized insurance distribution revenue—IIFL pegs bancassurance at ~79.3% of FY26 pre—tax profit—while CEO Rajiv Anand confronts a voter—roll summons that could affect his reg…