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Mahindra Finance will invest Rs 5 to 10 crore in the new insurance businesses, mainly towards technology set-up, manpower hiring and training and certification costs.
The decision was prompted by Irdai's recognition that policyholders often struggle to comprehend the terms and conditions in insurance contracts due to complex language, , IRDAI, Insurance policy, language
The insurance regulator wants SEBI to investigate if the fair market value was determined by the book, CNBC-TV18 has reported
Customers have multiple avenues to get their grievances redressed; they can complain to the bank, the banking ombudsman or Irdai
Unity Small Finance Bank Limited a step-down subsidiary of Centrum Capital Limited has received Corporate Agency Licence from Insurance Regulatory and Development Authority of India today.