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Jun 19, 2013
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| LIC forms two group to study issues |
| India Infoline News Service/14:30,Jun 19, 2013 |
| LIC is also expected to open 300 mini offices across the country by month-end |
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| Govt appoints SK Roy as LIC Chairman |
| India Infoline News Service/14:13,Jun 19, 2013 |
| Roy—joined LIC in 1981—would assume charge on July 1 |
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| Swiss Re applies principles for sustainable insurance |
| India Infoline News Service/13:40,Jun 19, 2013 |
| Swiss Re expands its sustainability framework by reporting against the principles for sustainable insurance for the first time |
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Jun 18, 2013
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| FDIC, CFPB Unveil Financial Literacy Tool for Elderly |
| India Infoline News Service/16:23,Jun 18, 2013 |
| Money Smart for Older Adults is designed to be delivered to older adults |
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| Polaris to develop MF utility platform for AMFI |
| India Infoline News Service/15:48,Jun 18, 2013 |
| The MF utility application will be implemented in nine months |
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| AMFI extends fee waiver for new distributors till Sept |
| India Infoline News Service/15:33,Jun 18, 2013 |
| AMFI hopes that it would be able to add up around 1 lakh additional MF distributors |
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| Shriram Life plans to add around 8,000 new agents |
| India Infoline News Service/15:15,Jun 18, 2013 |
| The company has decided to expand in group insurance mainly targeting small and medium enterprises |
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| IAI to expel former IRDA member for misconduct |
| India Infoline News Service/14:21,Jun 18, 2013 |
| The 12 member IAI's top governing council decided to expel Kannan from the IAI's membership for life |
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| Affordable insurance must for lower income groups: IRDA |
| India Infoline News Service/13:58,Jun 18, 2013 |
| Financial inclusion means making insurance available to lower income groups at an affordable cost, IRDA chairman said |
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| IIFCL Mutual Fund launches infrastructure debt fund |
| India Infoline News Service/13:37,Jun 18, 2013 |
| IIFCL is targeting an initial corpus of $1 billion |
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| IRDA gets ready for product refiling process |
| India Infoline News Service/13:25,Jun 18, 2013 |
| Till now, IRDA has cleared 50 products under the new regulatory regime for traditional products |
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| ICSI ties-up with NISM, IIBF |
| India Infoline News Service/12:20,Jun 18, 2013 |
| The objective of the MoU is to achieve a common goal in promoting corporate governance & public policy |
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| RBI may cut rates by 50 bps in Sept-Dec: Nomura |
| India Infoline News Service/12:09,Jun 18, 2013 |
| If financing the current account is difficult, then rate cuts will likely be postponed further, Nomura says |
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| SEBI releases norms for listing of preference shares |
| India Infoline News Service/10:26,Jun 18, 2013 |
| The listing of privately placed non-convertible redeemable preference shares would require a minimum application size of Rs. 10 lakh for each investor |
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| Banking news of the day |
| India Infoline News Service/09:43,Jun 18, 2013 |
| Below is the snapshot of the latest banking news happening around the world. |
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Jun 17, 2013
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| UTI Dividend Yield fund declares tax-free dividend of 5% |
| India Infoline News Service/15:53,Jun 17, 2013 |
| All unit holders registered under the dividend option-existing plan of UTI Dividend Yield Fund as on the record date will be eligible for this dividend |
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| Franklin Templeton announces tax-free dividend in Prima Fund |
| India Infoline News Service/12:52,Jun 17, 2013 |
| All investors registered in the Dividend Option as on June 21, 2013 will receive this dividend |
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Jun 14, 2013
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| Bank credit grows 14% in fortnight ended May 31 |
| India Infoline News Service/14:34,Jun 14, 2013 |
| Banks disbursed credit worth about Rs. 48.9 billion during the fortnight |
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| FM asks PSU bank heads to cut lending rates |
| India Infoline News Service/14:18,Jun 14, 2013 |
| Many banks are reluctant to pass on the benefit of RBI rate cut to borrowers |
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| SEBI to get powers to summon call data, email records |
| India Infoline News Service/13:53,Jun 14, 2013 |
| With these powers, SEBI aims to control the flow of black money coming into the market |
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