सावधान: डूबने वाली है आपके बीमा की रकम
686 views · Published 28 June 2018 · 1:07 · Indexed 22 September 2026
Channel: Daily Diary News · 2018 · News & Politics
The board of India’s insurance regulator—Insurance Regulatory and Development Authority of India, or IRDA—will meet on Friday to discuss a possible easing of rules to facilitate IDBI Bank sale to Life Insurance Corporation of India (LIC), two people aware of the development said. The government plans to sell bad debt-laden IDBI Bank Ltd to LIC, but is constrained by the Insurance Act which prohibits an insurer from acquiring more than 15% stake in any company. Still, the IRDA has the power to grant exemptions such as this.
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