Top Indian Insurance Industry News & Updates - 30 Jun 2023,Friday
🏭 Industry
📝 Uttar Pradesh govt approves Rs 5 lakh Accident Insurance Scheme for micro-entrepreneurs
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🗎 Life Insurance
📝 Insurance companies take long-term view amidst market turbulence: Sampath Reddy, CIO of Bajaj Allianz Life
📝 HDFC Life to ‘swiftly adapt’ to change in taxation: MD Vibha Padalkar
📝 Canara HSBC Life Insurance reports 9-fold jump in profit at Rs 91 cr in FY23
📝 LIC Dhan Vriddhi review: A mix of low returns and coverage
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🗎 General Insurance
📝 Cashless or not? Discover the key indicators of bike insurance with hassle-free claims
📝 Monsoon care: Top car insurance add-ons you can buy to save your vehicle during rains
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🏦 SEBI
📝 Sebi finalising draft discussion paper over guidelines for 'finfluencers'
📝 Sebi's new norms promote transparency, accountability and investor confidence
📝 Sebi to treat finfluencers selling crorepati dream as fraudulent, misleading activity
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🗎 Mutual Funds / AMCs
📝 Sundaram Alternates launches Rs 1,500 cr realty private credit fund
📝 Sebi sees no need to give more time to mutual funds for realigning portfolios in merger-bound HDFC twins
📝 Sebi notifies rules allowing PE funds to sponsor mutual fund houses
📝 D-St hits fresh highs driven by strong FPI buying activity
📝 To charge or to keep free, direct mutual fund players fret over this core question
📝 This CIO who manages over $100 mn AUM sees recovery in rural demand over next 1-2 years
📝 MF industry heaves a sigh of relief as SEBI puts off decision on TER cut
📝 LIC Mutual Fund: Company expects big business from this segment of India
📝 ‘Believe risk-reward has turned favourable’
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🗎 Equities, Pvt. Equity / Hedge Funds
📝 Tata Equity P/E Fund completes 19 years; offers 17% since inception
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🗎 Govt Securities / Bonds
📝 Banks racked up Rs 71,871 crore of notional bond losses in FY23, one-third of profits
📝 'States' additional borrowings unlikely to hit yields on government securities'
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