News APP

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  gplay

Rediff.com  » Business » M&A guidelines in next 2 months

M&A guidelines in next 2 months

Source: PTI
July 10, 2009 12:48 IST
Get Rediff News in your Inbox:

Insurance regulator IRDA on Friday said it is likely to finalise the guidelines for mergers and acquisitions of insurance companies in the next two months.

"It (guideline) is most likely to be finalised in the next couple of months," IRDA chairman J Hari Narayan told reporters.

Asked about reduction of charges of ULIPs, he said, "We have not taken any view at this point of time."

Whatever would be best in the interest of policyholders and insurance companies will be done, he added.

Get Rediff News in your Inbox:
Source: PTI© Copyright 2024 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.
 

Moneywiz Live!