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LATEST

ECB official warns climate crisis poses growing threat to ‘core financial stability’●Adebayo mourns former finance minister Abubakar Alhaji, salutes his enduring legacy●Stock market timings change from Monday, August 3: Everything investors and traders need to know●Wall St Week Ahead-Teetering US stock market faces jobs report, big earnings week●Rupee gains 30 paise to touch monthly high●This Kansas City Coffee Shop Shows What A Community Space Requires●Bajaj Finserv Q1 net up 18% on NBFC strength●IRDAI tightens ownership norms, eases capital infusion●ECB official warns climate crisis poses growing threat to ‘core financial stability’●Adebayo mourns former finance minister Abubakar Alhaji, salutes his enduring legacy●Stock market timings change from Monday, August 3: Everything investors and traders need to know●Wall St Week Ahead-Teetering US stock market faces jobs report, big earnings week●Rupee gains 30 paise to touch monthly high●This Kansas City Coffee Shop Shows What A Community Space Requires●Bajaj Finserv Q1 net up 18% on NBFC strength●IRDAI tightens ownership norms, eases capital infusion●

Asia

IRDAI tightens ownership norms, eases capital infusion

Markets-Economic Times · 1h ago · 🇮🇳 India

IRDAI tightens ownership norms, eases capital infusion

IRDAI has tightened oversight on insurer ownership changes and eased capital raising. Investors now need prior approval for shareholding changes exceeding five percent. The regulator also extended approval requirements to promoter group transfers. Dilution from existing shareholders not participating is now a transfer event. These amendments were announced late Friday by the authority.

Read the full story at Markets-Economic Times →

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