After the finance minister met the chairman of IRDA on Thursday, financial services secretary DK Mittal clarified that despite ministerial-level talks, the final call on reforms in the insurance sector rests with the insurance regulator.
"You must appreciate that this will be decided by the regulator. So the ministerial-level discussions will include the various possibilities of ushering in reforms. Ultimately, it's the regulator’s view will hold good," confirmed DK Mittal.
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