IRDA
The IRDAI in an order on Tuesday said that Cardif on March 29, 2019 sold 5.069 per cent of SBI Life’s total shareholding, by way of on-market transaction without taking prior approval of the regulator which was a violation of extant rules.
IRDAI rebukes Cardif for selling stake in SBI Life without its nod
25 Dec 2019 4:43 AM

However the regulator abstained from penalising the foreign insurer.

  • « First
  • « Previous
  • 1
  • Next »
  • Last »

1 of 1