Top Indian Insurance Industry News & Updates - 10 May 2023,Wednesday
🏭 Industry
📝 Give banks capital leeway for insurance-backed trade finance products: IBA to RBI
📝 Indian entities embrace cyber insurance as attacks surge
📝 ‘Irdai’s order to stop loan re-payment via credit card good’
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🗎 Life Insurance
📝 LIC's shareholding in HPCL crosses 5 per cent
📝 Increase in premium amount of life insurance a big concern for customers
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🗎 General Insurance
📝 Standalone health insurers, private general insurers drive growth for non-life insurance sector in April
📝 Consumer panel orders HDFC ERGO to pay policyholder entire claim of ₹50 lakh under Home Suraksha Plus Policy
📝 Cancel licences of tax evading insurers: GIEAIA
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🏦 SEBI
📝 Sebi levies Rs 35 lakh fine on 7 entities for non-genuine trades
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🗎 Pension Funds/PF
📝 ‘NPS returns of 9-12% exceedingly good’
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🗎 Mutual Funds / AMCs
📝 19 equity mutual funds offered over 20% SIP returns in five years
📝 Top performing Large, Mid and Small Cap Mutual Funds in 10 years and their Top 10 stocks
📝 Mutual funds: Top three developments in one week that MF investors must know
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🗎 Equities, Pvt. Equity / Hedge Funds
📝 There is no scarcity of capital as India has created the right environment for investors: Carlyle Asia Chairman Xiang-Dong
📝 Baring Asia plans to sell minority stake in Sagility
📝 Indian equity markets are not attractive for now: Credit Suisse
📝 HK’s Gaw Capital in advanced talks to buy Atria stake
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🗎 Govt Securities / Bonds
📝 Look at privately placed NBFC paper while building a bond kitty
📝 NABARD to issue over 3-year bonds: Bankers
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