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India’s finance ministry directs state-run insurers, banks to implement austerity measures

The Department of Financial Services also ordered meetings to be held virtually where possible, while calling for a phased transition from petrol and diesel vehicles to electric cars.
India’s finance ministry directs state-run insurers, banks to implement austerity measures – (re)in asia
May 19, 2026

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2 min read
The Inaugural Recognising excellence in Asia's insurance industry Find out more Entries close
28 August
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The Inaugural Recognising excellence in Asia's insurance industry Find out more Entries close
28 August