Top Indian Insurance Industry News & Updates - 20 Dec 2025,Saturday
🏭 Industry
RBI’s central board approves risk-based deposit insurance framework for banks
Mumbai: The Reserve Bank of India’s (RBI) Central Board of Directors on Friday approved the risk-based deposit insurance framework for banks. This comes in the wake of RBI Governor Sanjay Malhotra’s observations in his October 2025 ‘Statement on Developmental and Regulatory Policies’, that while the existing system is simple to understand and administer, it does not differentiate between banks based on their soundness.
Grievance redressal key to ensure public trust: IRDAI Chairman
Addressing the inauguration of the one-day workshop on the ‘Centralised Public Grievance Redress and Monitoring System’ here on Friday, he said that an efficient grievance redressal mechanism was central to ensuring public trust in insurance.
Irdai proposes allowing insurers to invest 20% in debt of public infra SPVs
📝 Passage of Insurance Bill in Parliament to play catalytic role for sector growth: LIC Chief
📝 Valsad Mahila Nagrik Sahakari Bank faces RBI curbs; depositors eligible for insurance
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🗎 Life Insurance
Piramal Finance to exit Shriram Life Insurance Company
Piramal Finance to sell 14.72% stake in Shriram Life Insurance for ₹600 crore
The Hindu Business Line
PNB MetLife and Policybazaar launch DigiProtect Term Insurance for India's salaried individuals
Source Credit: PTI, The Tribune
Axis Max Life Insurance partners with Khyaal to strengthen retirement readiness for senior citizens in Mumbai
Source Credit: PTI, The Tribune
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🗎 General Insurance
📝 Ather Energy to enter auto insurance distribution, to set up subsidiary
📝 Japan’s MUFG invests rs 39,600 cr in Shriram Finance
📝 How winter pushes every vehicle to its limits
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🏦 SEBI
Securities Markets Code to sharpen SEBI enforcement, shorten probes
Mumbai: The proposed Securities Markets Code is set to give the Securities and Exchange Board of India (SEBI) clearer statutory powers, tighter timelines for investigations and a codified framework for disgorgement, while formally widening regulatory oversight to cover hybrid and newer financial instruments. By consolidating the SEBI Act, the Securities Contracts (Regulation) Act and the Depositories Act into a single statute, the Code removes long-standing overlaps and jurisdictional gaps that often delayed action and became grounds for litigation, said experts.
Corporate governance can't just be reactive: Sebi chief Tuhin Kanta Pandey
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🗎 Pension Funds/PF
New NPS rules 2025: How exit norms differ for govt and private sector employees
The Pension Fund Regulatory and Development Authority (PFRDA) has further separated the treatment of government and non-government subscribers with the latest changes to NPS exit and withdrawal rules.
Awareness seminar on EPF, ESI benefits
Lecture on Benefits of EPF scheme was given by Harcharan Singh, EO/EPF and Rajdeep Singh Brar, EO/EPF and Lecture on Technical aspects of EPF was given by Pankaj Sarpal, DPA/EPF.
EPFO insurance: Job history gap of up to 60 days won't cut Rs 50,000 cover
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🗎 Mutual Funds / AMCs
ICICI Prudential AMC delivers second best listing among Rs 10,000 crore-plus IPOs this year
ICICI Prudential AMC closes 19.5% above IPO price
The Financial Express
📝 Tata AIA Life Insurance launches multicap opportunities fund
📝 Mutual funds to further tilt towards short-end, steer clear of long bonds, managers say
📝 DSP Mutual Fund launches Nifty 500 and Next 50-based passive funds
📝 Edelweiss MF’s Altiva Hybrid Long Short Fund crosses Rs 1,000 crore in AUM
📝 Taxation of Equity Arbitrage Fund is perfect example of Aacharya’s advice, says Nilesh Shah of Kotak Mutual Fund
📝 HDFC AMC shares fall over 3% on profit booking post 7% rally after SEBI rule change
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🗎 Govt Securities / Bonds
📝 Brookfield India REIT raises Rs 2,000 cr through sustainability-linked bonds
📝 India bonds little changed with focus on supply
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✈ International News
📝 Japan's 10-year bond yield hits 1999 high as BOJ hikes rates; tech drives Nikkei rally
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