SEBI bars 14 insurers from issuing ULIPs; IRDA responds [Archive]

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IndiaInsurance

11th April 2010, 01:49 AM

NEW DELHI (Reuters) - The Securities and Exchange Board of India (SEBI) has barred 14 life insurance companies in India from issuing unit-linked insurance products (ULIPs) with immediate effect, according to a notice posted on its website.

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