Top Indian Insurance Industry News & Updates - 07 Sep 2023,Thursday
🏭 Industry
📝 IRDAI chief stresses on need for more insurers, enhanced products and services
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🗎 Life Insurance
📝 LIC may need 5 yrs more beyond 2027 comply with public float norms
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🗎 Health Insurance
📝 Working with health insurers for 100% cashless medical claims: IRDAI Chairman
📝 About 68% Indians have inadequate health insurance coverage: Survey
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🏦 SEBI
📝 Sebi faces an uphill battle against ‘finfluencers’
📝 One-hour settlement by March next year, says SEBI chief
📝 Sebi ticks off bookrunners of EbixCash over disclosure rules
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🗎 Pension Funds/PF
📝 By FY24 end, targeting Rs 12 trillion AUM for NPS and APY combined: Deepak Mohanty, PFRDA
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🗎 Mutual Funds / AMCs
📝 Old Bridge Capital Management gets final nod from Sebi to launch Mutual Fund business
📝 Kotak Mahindra AMC’s Nilesh Shah denies rumours of joining Jio BlackRock MF as CEO
📝 Sebi working on AI tool to curb misselling by mutual funds: Buch
📝 DSP MF introduces DSP Multi Asset Allocation Fund
📝 Kotak's new multi asset fund good for beginners
📝 These 11 equity funds offered over 20% returns on lumpsum investments in five years
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🗎 Equities, Pvt. Equity / Hedge Funds
📝 FPI buying in Indian shares slows to four-month low in August
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🗎 Govt Securities / Bonds
📝 RBI seeks feedback on settling Indian bonds via Euroclear
📝 Foreign investors step up India bond buying in Aug citing attractive entry points
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