Wrongdoing by insurance companies does not go unnoticed, says FM Sitharaman

Wrongdoing by insurance companies does not go unnoticed, says FM Sitharaman

In 2023–24, a penalty of ₹2 crore was levied on Reliance General Insurance Company for unfair business practices. Similarly, penalties have been imposed on other companies including Bajaj Finance Ltd (₹2 crore), HDFC Life Insurance (₹2 crore), SBI Life Insura…

, Finance Minister Nirmala Sitharaman on Tuesday assured that wrongdoing by insurance companies will not go unnoticed. She also informed the Rajya Sabha that 25,000 gram panchayats will be covered u… [+2964 chars]

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