Top Indian Insurance Industry News & Updates - 16 Jun 2023,Friday
🏭 Industry
📝 India mulls rule changes to boost $731 billion insurance sector
📝 Onboard NHCX to streamline health-claim settlement, IRDAI nudges insurers
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🗎 Health Insurance
📝 Health insurance: A critical illness plan is a must buy
📝 Narayana health plans foray into insurance
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🗎 Pension Funds/PF
📝 Asset under management may cross magical number of Rs 10 lakh cr by Sep: PFRDA Chairman
📝 EPFO Higher Pension Scheme calculation process explained, check details
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🗎 Mutual Funds / AMCs
📝 SBI, LIC, two other sponsors to dilute stake in UTI Mutual Fund
📝 Companies raising funds through high-yield issues post tax changes
📝 MFs may have to offload ₹4,500 cr of HDFC Bank shares post merger
📝 Motilal MF’s new micro-cap index fund tests the limits
📝 Motilal Oswal Mutual Fund launches Motilal Oswal Nifty Microcap 250 Index Fund
📝 Samco Mutual Fund's new fund suitable for risk takers
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🗎 Equities, Pvt. Equity / Hedge Funds
📝 Bain Capital sells 0.7% stake in Axis Bank for Rs 2,178 crore, 50 FPIs lap up shares
📝 ChrysCapital invests $100 mn in Lenskart at $4.5 bn valuation
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🗎 Govt Securities / Bonds
📝 NaBFID raises ₹10,000 crore through listed bonds
📝 Interest rates may stay high for longer, hints a key market gauge
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