Update in products will aid higher VNB for LIC https://ift.tt/MUarRSE company has included 262 products in product profitability calculation compared to just 94 products included earlier, which will help increase VNB Macquarie said. VNB is the present value of future earnings from policies issued and reflects the additional earnings expected to be generated through the new policies issued.
NSE IFSC-SGX Connect may be fully operational by June https://ift.tt/XC89Iks this connectivity, global investors who are clients of SGX will be able to trade in Indian derivatives market remotely without having to set up a shop in India. Currently, only a few trades are being executed through the route.
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