IRDAI mulling to extend testing period under regulatory sandbox mechanism to 3 yrs - Jammu Kashmir Latest News | Tourism
NEW DELHI, June 23: Insurance Regulatory and Development Authority of India (Irdai) is mulling to extend testing of products under the regulatory sandbox mechanism to up to three years. The IRDAI Chairman said all these initiatives will help in furthering the goal of insurance penetration and reaching out to more and more people. A sandbox is an environment used in the financial services sector, which provides testing ground for new business models, processes and applications that may not necessarily be […]
Source: dailyexcelsior.com