Sebi Requests Irdai to Add Insurance Data in Consolidated Statement
The Securities and Exchange Board of India (Sebi) has requested the Insurance Regulatory and Development Authority of India (Irdai) to include insurance data in the consolidated account statement (CAS). Sebi chairman Tuhin Kanta Pandey highlighted this move aims to give investors a comprehensive view of their financial holdings. The CAS currently covers securities, mutual funds, stocks, and NPS, with plans to add bank deposit data following RBI's approval.
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