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View Full Version : SEBI says no to new ULIPs, but IRDA defiant



IndiaInsurance
14th April 2010, 07:22 AM
The compromise settlement brokered by the finance ministry over the supervision of unit-linked insurance plans (Ulips) appeared to crumble late on Tuesday evening with the insurance regulator rejecting a toned-down version of the original order from the Securities & Exchange Board of India, or Sebi.

More... (http://economictimes.indiatimes.com/personal-finance/insurance/insurance-news/SEBI-says-no-to-new-ULIPs-but-IRDA-defiant/articleshow/5798819.cms)