Policyholders of traditional life insurance will see reduced returns due to new guaranteed surrender value rules starting October 1. Non-participating policyholders will face a 0.3-0.5% drop in returns, while participating policies will experience decreased bonus payouts over time. These changes align with falling government bond rates.
RBI likely to hold rates in October, easing expected by year-end: Radhika Rao
We should also keep an eye on the commodity space, particularly minerals and metals that India imports. Price fluctuations in these areas could affect our
October 1, 2024