Indian life insurers: IRDA, SEBI finalise IPO norms

The much-awaited norms for the IPOs (Initial public offerings) of  Indian life insurance companies are finally ready.
J Hari Narayan

Mr J Hari Narayan, Chairman, IRDA (Insurance Regulatory and Development Authority) said, "The guidelines framed by us are also approved by the SEBI (Securities and Exchange Board of India). They will be notified in the Gazette by the Government within days,’’ 
 

The IRDAhas finalised the norms last year (2010) which were sent to the SEBI for its approval.
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