In your interest.
Online Personal Finance Magazine
No beating about the bush.
Considering the overlap in their regulatory turf, SEBI and IRDA can’t afford to work at cross-purposes
The insurance industry is in a happy position today. They have the regulator firmly in their camp and virtually lobbying their cause (notice the ‘investor education’ advertisements promoting unit-linked insurance products—ULIPs). When the Securities and Exchange Board of India (SEBI)...
SEBI’s regulatory tussle with the IRDA over ULIPs was yet another ill-timed and misconceived move
Things don’t always work like in the nursery rhyme that goes…
“For want of a nail the shoe was lost; for want of a shoe the horse was lost.
For want of a horse the rider was lost; for want of a rider the battle was lost…” and so on… all for the want of a horseshoe nail.
The Budget has announced the setting up of two new financial-sector watchdogs. Hopefully, they will have a clear mandate and visionary leadership
Finance minister Pranab Mukherjee’s Budget speech had two interesting announcements—the setting up of the Financial Stability and Development Council (FSDC) and the Financial Sector Legislative Reforms Commission (FSLRC). Five days after the...