Top Indian Insurance Industry News & Updates - 07 July 2023,Friday

🏭 Industry

📝  80% consumers rely on personal recommendations for purchasing insurance: Study
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🗎 General Insurance

📝  Gross premium of non-life insurers grows 18% in Q1
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🏦 SEBI

📝  Sebi looking to mandate FPIs to use RFQ platform for 10 pc of secondary transactions
📝  Brokers take issue with Sebi's basis for 'fit & proper person'
📝  Finfluencers to face Sebi’s heat as amateurs found running the race of pros
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🗎 Mutual Funds / AMCs

📝  Multi cap funds offer 9.57% in first half of 2023; Nippon India Multi Cap Fund offer 14.31%
📝  Nippon Life India Mutual Fund restricts flows into smallcap fund
📝  Canara Robeco MF targets ₹3-lakh crore AUM in 3-5 yrs
📝  Bandhan Mutual Fund launches Bandhan Financial Services fund, offer to open on 10 July; key highlights here
📝  4 sectors Shibani Sircar Kurian is bullish on for near term
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🗎 Equities, Pvt. Equity / Hedge Funds

📝  PE investments in real estate to stay slow on macro woes
📝  Forex outflows via PE exits, MNC profit repatriation surge
📝  Rally may sustain a bit but upside limited: Rahul Arora, CEO, Nirmal Bang Equities
📝   FPIs become net buyers in June quarter as inflows surge to 10-month high; Nifty crosses 19,500-mark
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🗎 Govt Securities / Bonds

📝  Sebi proposes FPIs trade some corporate bonds on RFQ
📝  Unlocking full potential of green bonds in India
📝  PFC plans to raise up to Rs 6,100 cr via bond sales
📝  FPIs net buyers of corporate debt in June, after 7 months
📝  Azure’s offshore bondholders move to protect ‘interests’
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