IndiaInsurance
12th April 2010, 04:39 PM
Amid a turf war with SEBI on ULIP schemes, insurance regulator IRDA today assured investors that the equity-linked products are safe, while seeking greater clarity from authorities on jurisdiction of the two watchdogs. I think we will have to have greater clarity on respective jurisdiction. Investors are safe, IRDA Chairman J Harinarayan told reporters outside the Finance Ministry s office at the North Block. Harinaryan came today to give his side of the picture to the Finance Ministry officials. I don t think I have come here for a decision. I am here to give a perspective on the issue. SEBI does ...
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More... (http://in.biz.yahoo.com/100412/50/bavdvm.html)