Top Indian Insurance Industry News & Updates - 31 July 2023,Monday
🗎 Life Insurance
📝 Life insurance, MF JVs ready to list in 18 months, hive-off can unshackle cards: Canara Bank
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🗎 General Insurance
📝 Reliance General Insurance gets Rs 200 cr capital infusion from parent
📝 Future Generali expecting 20% growth in gross premiums; to cross ₹5200 crore mark this fiscal
📝 Digital revolution: Motor insurance as easy as ABC
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🗎 Health Insurance
📝 Trapped in escalating insurance premium
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🏦 SEBI
📝 Sebi bans Excel Realty N Infra, 4 others from securities market for up to 2 years
📝 SEBI may bring equity derivatives segment under long-term additional surveillance measures
📝 Sebi seeks a balance in the business of alternative investment funds
📝 Sebi considers streamlining norms for clients onboarding
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🗎 Pension Funds/PF
📝 PFRDA bars intermediaries for annuities business, mandates direct channels for NPS subscribers
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🗎 Mutual Funds / AMCs
📝 Hybrid mutual fund schemes gain traction, attract `14,000 crore in June qtr
📝 Mutual Funds: Equity savings fund gaining popularity due to stable returns
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🗎 Equities, Pvt. Equity / Hedge Funds
📝 FPIs' buying spree continues; invest Rs 45,365 cr in equities in July
📝 Realty booming but prefer to play it through building materials & home financiers: Pawan Parakh
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