Tuesday, April 13, 2010

SEBI's order applies to new ULIPs only

A day after Finance Minister Pranab Mukherjee brokered a ceasefire between the two warring financial regulators, capital markets watchdog Securities and Exchange Board of India (SEBI) on Tuesday said its order banning sale of unit-linked insurance plans (ULIPs) would apply only to new products launched after April 9. read more business & finance news..

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