Insurance based on telematics: Big brother will watch how you drive
The New Indian Express
Insurance companies in India will soon be adopting a new technology called telematics, a box like device to be be fitted in the car, to monitor the behaviour of the driver. Many insurance firms, including the Liberty Videocon General Insurance Company, are now relying on the technology to assess the risk of the driver having an accident and charge premiums accordingly
 
Banks expect rate cuts in July; rule out cut in lending rate
Daily News & Analysis
Describing RBI policy as not surprising, State Bank of India Managing Director and Chief Financial Officer Diwakar Gupta said there is room for the central bank to look at the long-term and not too much on the short-term issues like rupee fall and the CAD.
 
As wire ends & wireless begins, banks tango with telecoms
Daily News & Analysis
Financial services are sparse in India's hinterland; and for those living in far-flung villages, accessing them often means a weary trudge to the taluk. But telecom outlets dot the dusty roads, even in the remotest villages.
 
 
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