Tag: irdai

The letter was in response to a consultation paper IRDAI issued on September 23, titled "Recalibrating Economics of Insurance Distribution".
Posted in Business

IRDAI’s proposed commission curbs well-intentioned but flawed: Rajya Sabha MP to regulator

Rajya Sabha MP Praveen Chakravarty has urged the Insurance Regulatory and Development Authority of India (IRDAI) to revisit its proposed rules for insurance intermediaries, saying…

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Go Digit net profit dips 38% in Q1, premium falls 8.4%
Posted in Startups

Go Digit net profit dips 38% in Q1, premium falls 8.4%

New-age insurance startup Go Digit General Insurance recorded a 38% year-on-year dip in net profit to Rs 86.4 crore for the April-June quarter, as a…

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House Clears Bill On100% FDI in Insurance
Posted in Economy

House clears bill on 100% FDI in insurance

New Delhi: Parliament on Wednesday cleared the The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025 allowing 100% foreign direct investment in the…

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Posted in Economy

India considers introducing nationwide climate-linked insurance scheme

India’s government has begun early-stage talks with local insurers about designing a nationwide climate-linked insurance programme aimed at simplifying the payout process after extreme weather…

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Posted in Economy

Growth Uncapped: NBFCs can tap a billion dollars or more in ECBs

MUMBAI: The Reserve Bank of India’s (RBI) proposed relaxation on foreign currency borrowing is expected to boost the prospects of well rated non-bank finance companies…

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Posted in Startups

Irdai hardens stance: No insurance licence to VC-backed fintechs

Venture-backed fintech startups are finding the doors to an insurance manufacturing licence getting shut, as the sector regulator is hardening its stance on applications submitted…

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Posted in Finance

Got unresolved equity market related complaint? Know how you can use SEBI’s SCROES, know which ones wont be addressed

Digitisation, heightened investor awareness, and robust market performance have significantly boosted interest in the equity markets in recent years. As of January 2025, the National…

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