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IRDA

The acronym for the Insurance Regulatory and Development Authority of India, it is the apex body overseeing the insurance business in India. It protects the interests of the policyholders, regulates, promotes and ensures orderly growth of the insurance in India.

News On IRDA
IRDA imposes Rs 40 lakh fine on Royal Sundaram insurance

11-05-2016| Source:PTI

Insurance regulator IRDA has imposed Rs 40 lakh penalty on Royal Sundaram AllianceInsurance Company Ltd for violation of various guidelines related to outsourcing, advertisement and other norms.

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