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📝 IRDAI enables additional options for withdrawn life cover products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
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