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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