Indian Insurance Industry News & Updates
Market regulator Sebi panel to discuss MF-insurance combo product
Govt asks private insurers to increase free look period to one year
The free-look period is the length of time during which a customer can cancel an insurance policy without paying surrender charges. Last year, the insurance regulator increased the period to 30 days from 15 days.
Tata Capital to issue green bonds, NCDs to raise Rs 15,000 crore
Government examining a proposal to up deposit insurance limit: DFS Secretary
Mumbai: The government is examining a proposal to up the deposit insurance limit, according to M Nagaraju, Secretary (Department of Financial Services), Finance Ministry. The last time the deposit insurance limit was revised was in February 2020. Then it was raised to ₹5 lakh from ₹1 lakh. This came in the wake of the Mumbai-based Punjab and Maharashtra Cooperative (PMC) Bank being hit by a massive fraud and depositors taking to the streets to get their savings back.
The Last Financial Closings....
Sensex |
75,996.86 (+57.65) |
NSE |
22,959.50 (+30.25) |
US$ spot |
Rs.72.8 |
US$ |
Y.104.9300 |
US$ 6 months |
Rs. |
Yen |
Rs.0.69 |
Euro spot |
Rs.88.1 |
Gold (10gm) |
Rs.47,196.00 |
Silver (1kg) |
Rs.69,184.00 |
|
|
Crude Oil (WTI) |
|
Crude Oil (Brent) |
$61.3 |
|
|
Scip on BSE |
Face Value (Rs) |
Last Traded Value (Rs.) |
Apollo Tyres |
1 |
417.40 |
Asahi Ind |
1 |
649.95 |
Amara Raja B |
1 |
965.10 |
|
Ashok Leyland |
1 |
223.56 |
Bharat Forge |
2 |
1,080.80 |
JK Tyre Ind |
10 |
283.50 |
Eicher Motor |
10 |
4,754.00 |
Escorts |
10 |
2,969.35 |
Exide Ind |
1 |
362.00 |
Force Motors |
10 |
6,599.35 |
Gabriel India |
1 |
464.95 |
Hero Motocor |
2 |
3,870.00 |
Hind Motors |
5 |
24.35 |
HiTechGear |
10 |
675.00 |
Jay Bharat |
5 |
67.00 |
Jamna Auto |
5 |
82.10 |
Kinetic Engg |
10 |
185.00 |
KOEL |
2 |
643.95 |
Kirloskar Bro: |
2 |
1,824.80 |
L&T |
2 |
3,222.00 |
Lumax Ind |
10 |
2,313.00 |
Lumax Tech |
10 |
537.00 |
M&M |
5 |
2,841.00 |
Maruti Suzuki |
5 |
12,759.95 |
Motherson SS |
1 |
125.20 |
Minda Inds |
2 |
902.50 |
MRF |
10 |
1,09,958.00 |
Omax Auto |
10 |
85.10 |
Rico Auto |
1 |
68.94 |
JTEKT India |
1 |
127.20 |
SRF Ltd |
10 |
2,746.15 |
|
Tata Motors |
2 |
686.95 |
TVS Motors |
1 |
2,362.65 |