LIC's share in life insurance was dwindling, pandemic only sped the decline
India's biggest insurer is losing market share and faltering on growth like never before, as it prepares to go public through an IPO
by Source: BS Sep 24, 2021
‘MFU will offer a host of new services, including a tool to analyse NFOs'
Mutual Fund Utilities plans to launch a back office software for registered investment advisor (RIAs) and mutual fund distributors (MFDs) on 15 October
by Source: Mint Sep 24, 2021
Low demand from mutual funds: Reduced surplus liquidity pushes up yields on commercial papers, treasury bills
The yields on T-bills rose more than 6 basis points in the last three weeks and during the latest auction, the central bank set a cut-off yield of 3.3439% on a 91-day T-bill.
by Source: FE Sep 24, 2021
No plans to bring standard products for cyber liability insurance policy as of now: Member Irdai
A working group was formed by the regulator for examination of bringing standardisation of cyber liability insurance policy. Irdai issued a circular earlier this month for product structure for cyber insurance.
by Source: ET Sep 24, 2021