Tag: IRDAI bancassurance cap

Insurance stocks tank as regulator considers bancassurance cap – CNBC TV18

[ad_1] Insurance stocks fell in trade on Thursday, November 28, following reports that the Insurance Regulatory and Development Authority of India (IRDAI) may impose a cap on bancassurance contributions from parent banks. HDFC Life Insurance Company’s stock dropped nearly 6% to an intraday low of ₹640.10 on the BSE. SBI Life Insurance followed suit, falling […]

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