Top Indian Insurance Industry News & Updates - 02 Sep 2023,Saturday

🏭 Industry

📝  IRDAI enables additional options for withdrawn life cover products
📝  IRDAI appoints ManipalCigna Health as lead insurer for Karnataka State Awareness Insurance Plan
📝  LIC launches campaign for lapsed policies
📝   Irdai plans women-led distribution force to win over rural customers
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🗎 Life Insurance

📝  ICICI Pru Life Insurance launches a product offering income for 30 years
📝  Bajaj Allianz Life ACE: New policy with different cash flow options
📝  Finding best mutual fund or stock strategy: New SEBI proposal to make it foolproof
📝  How to check and claim unclaimed amounts in LIC policies, check guide
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🏦 SEBI

📝  Sebi looking to set up performance validation agency to verify claims of intermediaries
📝  SEBI proposes agency to validate claims of intermediaries
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🗎 Pension Funds/PF

📝  Pension Milestone. NPS surpasses ₹10 lakh crore AUM mark: A remarkable 25% YoY growth
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🗎 Mutual Funds / AMCs

📝  Franklin Templeton MF gets Rs 1,398 cr from Vodafone Idea
📝  NBFC-MFIs’ profitability to surge to 2.7-3.0%, AUM to grow at 24-26% in FY24, says ICRA
📝  Direct vs Regular Mutual Fund calculation: Even 1.25% change can make you lose crores – Here’s how
📝   Mutual Fund news: Two recently launched new fund offers (NFOs) are closing today. Details here
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🗎 Govt Securities / Bonds

📝  India bond yields rise after debt auction, end week lower
📝   RBI announces premature redemption dates for Sovereign Gold Bonds (SGBs). Check details here
Read More >>


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