Top Indian Insurance Industry News & Updates - 09 Jun 2023,Friday
🏭 Industry
📝 Odisha train tragedy: Only small number of passengers opted for insurance cover
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🗎 Life Insurance
📝 Max Life’s digital push yields results; end-to-end customer engagement online garner robust sales
📝 ‘Impact of new tax on non-Ulips likely to be marginal’: Max Life Insurance MD and CEO Prashant Tripathy
📝 Shriram Life Insurance rolls out unit-linked plan with flexible options
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🗎 General Insurance
📝 CCI approves acquisition of additional stake in ACKO Tech by General Atlantic
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🏦 SEBI
📝 Sebi to digitise processing of investor service requests, complaints by RTAs
📝 Sebi allows mutual funds to invest in repo transactions on commercial papers, certificate of deposits
📝 Sebi puts in place framework for upstreaming of clients’ funds by brokers to clearing corps
📝 Sebi likely to change rules to track investments in PE and VC funds
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🗎 Pension Funds/PF
📝 Minimum assured return scheme in works; to be launched soon: PFRDA Chairman
📝 Canada Pension Fund to offload 1.6% stake in Kotak Mahindra Bank on 9 June: Report
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🗎 Mutual Funds / AMCs
📝 Sebi allows mutual funds to invest in repo transactions on commercial papers, certificate of deposits
📝 Samco Mutual Fund launches SAMCO Active Momentum Fund
📝 Mutual fund managers decode RBI policy for investors
📝 ICICI Prudential Bluechip Fund rose 7x in 15 years: Can it remain an outlier in the large-cap category?
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🗎 Equities, Pvt. Equity / Hedge Funds
📝 Naveen Unni appointed managing partner of TVS Capital Funds
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🗎 Govt Securities / Bonds
📝 RBI relaxing borrowing limit in interbank call market no 'game changer': Traders
📝 Six months since launch, surety bonds see no takers so far
📝 How online bond platforms are leveraging Sebi-RBI regulatory ambiguity
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