Top Indian Insurance Industry News & Updates - 15 Jun 2023,Thursday
🏭 Industry
📝 SAT stays IRDAI order transferring Sahara India Life Insurance biz to SBI Life
📝 IRDAI regulated entities not reporting cyber security incidents on time
📝 Bankers should alert legal heirs, nominees to claim under PM insurance schemes: AIBEA
📝 PNB, LIC, SBI & BoB look to seek bids for UTI AMC stake, Tata Group expected to put in a fresh bid
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🗎 Life Insurance
📝 Max Life increases share of e-commerce sales in FY23
📝 LIC Jeevan Umang policy: Invest Rs 5,000 monthly, get Rs 10,00,000 at maturity, check eligibility, benefits
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🗎 General Insurance
📝 Zurich Insurance eyes $400 million stake in general insurance arm of Kotak General Insurance
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🏦 SEBI
📝 Sebi issues demand notices to 4 entities in Fortis Healthcare fund diversion case
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🗎 Pension Funds/PF
📝 With fewer than 15 days to deadline, check how to apply for higher pension
📝 EPFO releases list of documents needed to apply for higher EPS pension, eases process
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🗎 Mutual Funds / AMCs
📝 MFs may not get holdings waiver post HDFC Bank-HDFC merger: Report
📝 Mutual funds bought 3 lakh shares of this Adani stock in May
📝 Sebi comes out with framework for execution-only platforms for investing in direct MF schemes
📝 ‘Investors can consider liquid ETFs for parking idle funds’
📝 Will daily or weekly SIPs help you to earn better returns?
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🗎 Equities, Pvt. Equity / Hedge Funds
📝 Bain Capital to sell 0.75% stake in Axis Bank
📝 Kedaara in talks with Yes Bank for sale of Spandana Sphoorty
📝 KKR unit plans to buy road assets from PNC for $1 billion
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