Top Indian Insurance Industry News & Updates - 23 Aug 2023,Wednesday

🏭 Industry

📝  Jio Financial Services: Here is what CSLA says about JFS plan to enter insurance sector
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🗎 Life Insurance

📝  LIC acquires 6.660% shareholding in Jio Financial Services through demerger action
📝  LIC acquires 6.66% in Mukesh Ambani’s Jio Financial Services
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🗎 General Insurance

📝  Kshema looks to double its premium by this fiscal end
📝  Two-wheeler insurance: Is It a one-year affair or a long-term commitment?
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🗎 Health Insurance

📝  Star Health awaits gains from premium hikes, non-agency push
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Insuretech

📝  InsuranceDekho set to raise $50 mn in fresh funding
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🏦 SEBI

📝  SEBI bars Brightcom Chairman, CFO from board positions; restrains Shankar Sharma from selling shares
📝  Sebi proposes body for administration, supervision of research analysts
📝  SEBI may allow funds to charge higher expenses for direct plans
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🗎 Mutual Funds / AMCs

📝  SBI Funds completes liquidation of assets in Franklin Templeton MF’s six debt schemes
📝  AMFI invites application for new chief executive
📝  Next generation companies will drive growth: A Balasubramanian
📝  CAMSfinserv onboards 17 AMCs on account aggregators platform
📝  MFs cut expense ratio, share of equity to woo conservative investors
📝  Navi Mutual Fund launches Navi S&P BSE Sensex Index Fund
📝  ‘Looking only at past returns and expense ratio, you could miss the other vital aspects’
📝  Silver funds lose 6.48% in one month. What should investors do?
📝  Unveiling the investment strategy of PPFAS MF's Raunak Onkar
📝  Mutual Funds investor might have to pay extra for direct plans after SEBI's this decision
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🗎 Govt Securities / Bonds

📝  ICRA Analytics to share bond valuation data on Bloomberg terminal
📝  'BRICS bank' aims to issue first Indian rupee bond by October
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