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Regulatory Breaches

IRDAI Fines HDFC Life Rs 2 Crore for Regulatory Breaches

IRDAI Fines HDFC Life Rs 2 Crore for Regulatory Breaches

The Insurance Regulatory and Development Authority of India (IRDAI) has fined HDFC Life Rs 2 crore for breaching various IRDAI regulations, as reported by the company in a filing with the exchange. This penalty follows an onsite inspection by IRDAI in September 2020, which reviewed financial practices from 2017-18 to...

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