Sebi seeks IRDAI inclusion of insurance policy details in consolidated account statement.
Context
What happened: Sebi Chairman Tuhin Kanta Pandey said Sebi has written to IRDAI to include investors' insurance policy details in the Consolidated Account Statement, aiming to give investors a comprehensive financial overview.
Key numbers: No concrete figures provided.
Why it matters: RBI support for integrating bank deposits into the framework is also underway, and a review of existing regulations is being conducted to improve transparency and ease compliance for businesses.