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Tuesday, April 13, 2010

A welcome customer friendly step by SEBI: SEBI bans ULIP


This is a very very positive step taken by SEBI with common investor's interest in mind. I would like to thank SEBI for the initiative.

I would also like to register my protest against IRDA for taking the side of insurance companies promoting ULIP which is completely against customer interest.

Very good articles have been posted on this on valueresearchonline.com. They are:


(Alert Investors Already Know the Truth About ULIPs) http://new.valueresearchonline.com/story/h2_storyview.asp?str=101348

I have posted comment on a one-sided article published by Sakal on the issue: http://www.esakal.com/eSakal/20100411/5641531933567981687.htm

I have also communicated by concerns to editor of Sakal since I could not post my message in "vachakancha patravyawhar" due to technical snag in website of Sakal.

1 comment:

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