Top Indian Insurance Industry News & Updates - 07 April 2026,Tuesday

🏭 Industry

System readiness gaps: Insurers likely to seek forbearance for 1 year
 
📝  M Pallonji Group gets IRDAI’s R1 nod for general insurance venture
📝  Non-life insurers seen holding up better than life peers
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🗎 General Insurance

📝  58% surges in Insurance Ombudsman cases: 4 reforms to fix the backlog before it breaks
📝  How to file a third-party bike insurance claim step-by-step
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🗎 Health Insurance

Health insurance claim rejections: Check coverage, exclusions first
Complaints relating to health insurance claims are rising sharply. According to data presented by the minister of state for finance, Pankaj Choudhury, complaints registered on the Bima Bharosa portal in the first 11 months of FY26 exceeded the total for the whole of FY25 by 14.5 per cent. A total of 64,365 complaints were received in FY25, while 73,729 were registered by February 2026.
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🏦 SEBI

Bajaj Alternate Investment Management secures PMS licence from SEBI
New Delhi: Bajaj Alternate Investment Management, an arm of Bajaj Finserv, on Monday said it has received approval from markets regulator SEBI to commence Portfolio Management Services (PMS).
Sebi wants independent directors to adopt 'constructive approach'
 
📝  Sebi, RBI explore steps to shield companies from market volatility
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🗎 Pension Funds/PF

Loan against PPF: Who can borrow, limits, rates, and repayment rules
 
EPFO flags critical error: Check your DoJ/Exit date before it hits your PF
 
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🗎 Mutual Funds / AMCs

Amfi seeks use of intraday loans to buy securities as Sebi defers strict mutual fund borrowing norms
India’s mutual fund body has asked the market regulator to allow fund houses to use intraday borrowings from banks to purchase securities after it deferred implementation of the new norms to July, according to two people aware of the development.
After the correction, DSP sees a shift in equities—but this is not a full-throttle buy signal
A recent report by DSP Mutual Fund is signalling a subtle but important shift in how the market is being read at a time when most investors are still unsure whether the correction has further to go.
MF industry records over 20% growth for third consecutive financial year
 
Valura.ai onboards over 1,000 wealth advisors
 
📝  CRED upgrades direct MF platform Kuvera with behavioural tools
📝  DSP Mutual Fund announces appointment of Anish Tawakley as Chief Investment Officer
📝  Markets oversold, largecaps offer best entry point right now: Rishi Kohli, CEO, JioBlackRock AMC
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🗎 Equities, Pvt. Equity / Hedge Funds

InCred Alternatives closes maiden special opportunities credit fund with ₹1,500 crore corpus
Mumbai : InCred Alternatives has closed its maiden special opportunities credit fund with a corpus of ₹1,500 crore, joining a wave of investment firms entering India’s growing private credit market.
📝  Everstone leads $150 million infusion in SaaS firm Wingify
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🗎 Govt Securities / Bonds

RBI retains FPI investment caps on G-Secs, SGSs, corporate bonds, total debt limit raised to Rs 16.32 lakh crore
New Delhi: The Reserve Bank of India has retained the percentage limits for foreign portfolio investor (FPI) investments in debt markets for the financial year 2026-27, while increasing the overall investment cap in line with the expansion of the bond market.
Banks turn to RBI for relief as rising yields strain their G-Sec portfolio
Mumbai: Banks have knocked on the Reserve Bank of India’s door, seeking relaxation to spread the provisioning they will need to make for the losses incurred by their bond portfolio due to substantial hardening of yields in the fourth quarter (Q4) of FY26.
Govt bond yields ease on US-Iran ceasefire hopes; rupee gives up gains
 
📝  10-year benchmark sovereign bond yield falls 9 bps
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