CAMS brings you a weekly glimpse at the key happenings in the BFSI sector, in India and abroad. Regulatory updates or important news, here are some which might have had an impact on the sector.
‘Make In India’ reports spanning developments in the textiles, automobiles and telecom sectors released. The report covers impact of 100% FDI and other reforms on the growth of the three sectors as mentioned above.
Reports confirm 200% growth in the number of SIPs held in the country in the last 31 months. The robust rise has been attributed to increasing investor awareness and emphasized focus on regions beyond T15 cities.
Andhra Pradesh is all set to be the first state in the country to institutionalise and issue family insurance scheme. WHO and Bill Gates Foundation and other reputed health organizations have been quoted as institutions that support the state-run initiative.
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