Irdi
Latest news, explainers and analysis on Irdi. Tracking 2 stories on Arth Vani.
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Latest on Irdi
IRDAI Commission Cap Sparks Over 49% Stock Plunge for Insurers
New commission caps set by the Insurance Regulatory and Development Authority of India (IRDAI) have led to significant stock price drops for several insurance companies. Some stocks have fallen by as much as 49.4% following the announcement.
IRDAI Fines ICICI Lombard, IndusInd Bank, Canara HSBC Life ₹3 Crore
India's insurance regulator, IRDAI, has imposed a penalty of ₹3 crore on ICICI Lombard General Insurance, IndusInd Bank, and Canara HSBC Life Insurance. The fines are for alleged violations related to bancassurance norms.
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