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The insurance sector fared better than expected, in terms of growth, in financial year 2020-21 (FY21). In an interview, Subhash Chandra Khuntia, chairman of the Insurance Regulatory and Development Authority of India (Irdai), talks to Subrata Panda on a range of subjects including shareholding of banks in insurance firms, and increase in term plan prices. Edited Excerpts:
Is Irdai talking to Reserve Bank of India about capping the stake of banks in insurance companies?
There is a lot of synergy between the business operations of banks/non-banking financial companies (NBFCs) and insurance companies. Bank branches are spread across the
Is Irdai talking to Reserve Bank of India about capping the stake of banks in insurance companies?
There is a lot of synergy between the business operations of banks/non-banking financial companies (NBFCs) and insurance companies. Bank branches are spread across the
