The growth can primarily be attributed to single premiums and more specifically to Life Insurance Corporation’s (LIC) group single premiums. LIC reported a 46% jump in first year premium collection in April-September period over the same period last year while the private insurers collectively saw a rather slower 23.3% year-on-year rise compared to 27.7% rise seen for last year.
Sebi plans simpler rulebook for stock exchanges, doing away with obsolete provisions
Sebi is simplifying stock exchange rules to boost business ease. The regulator plans to consolidate multiple circulars into a single master document, removing outdated provisions