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The government today said SEBI and IRDA have agreed to maintain status quo that persisted before the market regulator's ban on 14 lifestyle insurance plan companies from improving useful unit-linked techniques.
SEBI last Friday prohibited 14 insurance plan plan protection companies from improving sources through unit-linked plans.
A day later, insurance plan plan sector regulator IRDA asked the firms to ignore SEBI buy and do business as usual.
The insurance plan plan protection companies against whom SEBI passed the buy include Dependency Lifestyle, SBI Lifestyle, ICICI Prudential, Tata AIG, Bharti AXA, HDFC Standard Lifestyle and Max New York Life
SEBI last Friday prohibited 14 insurance plan plan protection companies from improving sources through unit-linked plans.
A day later, insurance plan plan sector regulator IRDA asked the firms to ignore SEBI buy and do business as usual.
The insurance plan plan protection companies against whom SEBI passed the buy include Dependency Lifestyle, SBI Lifestyle, ICICI Prudential, Tata AIG, Bharti AXA, HDFC Standard Lifestyle and Max New York Life
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