Top Indian Insurance Industry News & Updates - 24 Jun 2023,Saturday

🏭 Industry

📝  Dhan Vridhhi: LIC launches new non-linked period plan
📝  TReDS platforms enter discussions with insurers post RBI nod
📝  Benefit of enhanced insurance cover for export losses to be extended to accounts with limits up to ₹50 crore: Goyal
📝  Irdai says prior nod not needed for ULIPs; extends 'use and file' procedure
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🗎 Life Insurance

📝  HDFC Life gets Rs 942-crore GST demand notice
📝  Shriram Life Insurance declares bonus of Rs 149 cr
📝  Insurance regulator approves transfer of HDFC Life shares to HDFC Bank
📝  LIC launches close-ended ‘Dhan Vridhhi’ plan
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🗎 General Insurance

📝  Car insurance: Add-on options can save your vehicle from monsoon damage
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🗎 Health Insurance

📝  Rajasthan govt gives a booster shot to rural health infrastructure
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🏦 SEBI

📝  Sebi issues demand notices to 5 entities in Fortis Healthcare fund diversion case
📝  Sebi comes out with standard methodology for valuation of AIFs
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🗎 Mutual Funds / AMCs

📝  India fund mangers buy T-bills, dump bonds as early rate cut chances vanish
📝  38 mutual fund schemes doubled investors’ wealth in five years
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🗎 Equities, Pvt. Equity / Hedge Funds

📝  TPG exits Landmark Cars; sells 11.25% stake for Rs 293 cr
📝  Kotak Credit Funds invest Rs 732 crore in RattanIndia Power
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🗎 Govt Securities / Bonds

📝  InCred Money launches corporate bonds with fixed returns of 12.5% p.a.
📝  Tycoon Shapoor Mistry's firm set to sell India's biggest low-rated bond
Read More >>


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