News From Press IRDAI warns Reliance Nippon Life over expenditure surging past limit

IRDAI warns Reliance Nippon Life over expenditure surging past limit

Source: The Hindu BusinessLine Sep 11, 2019

Reliance Nippon Life Insurance (RNLIC) has been rapped by the Insurance Regulatory and Development Authority of India (IRDAI) for excessive expenses — nearly ₹600 crore above the prescribed limit —, a copy of the insurance regulator’s order issued in July shows.

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