21 Jan 2026 | 5 Mins Read
Credit-linked insurance sees modest growth after MFI-led slowdown
Flipitmoney
India's top private life insurers, including HDFC Life, ICICI Prudential Life, SBI Life, and Bajaj Allianz Life, saw a sharp decline in group credit life insurance by 30% year-on-year in FY25 amid microfinance segment stress. However, they are now experiencing early signs of recovery, with management pointing to a turnaround in the December quarter.