News Regulations18 Dec 2024

India:Limiting insurers' business through parent banks' bancassurance channel will fail to address rampant mis-selling

| 18 Dec 2024

Any steps taken by the IRDAI to limit the business share of life insurance companies from the parent bank channel or bancassurance channel will be misdirected and stifle the growth of the sector, while not addressing the actual underlying problem of rampant mis-selling, said an Emkay Research report.

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