IRDAI imposed a Rs 2 crore penalty on HDFC Life due to regulatory violations identified during an inspection of financial years 2017-2020. Rs 1 crore was for issues related to policyholders' interests, and Rs 1 crore for outsourcing irregularities. Additional directions were issued to ensure compliance with regulatory standards. Read The Rest at :
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.
