PDA

View Full Version : SEBI nod must for new ULIP



IndiaInsurance
14th April 2010, 12:48 PM
A day after Finance Minister Pranab Mukherjee said that unit linked insurance plan (ULIP) sales can go on for now, capital markets regulator Securities and Exchange Board of India (SEBI) on Tuesday passed another order according to which SEBI?s April 9 order, restraining sale of ULIPs, will remain applicable on new ULIPs launched after April 9.

More... (http://in.biz.yahoo.com/100414/32/bavecr.html)