IRDAI allows banks to tie up with insurers to sell 3 products

Q.  Who has allowed banks to tie up with insurers, to sell three products each from life, non-life and standalone health insurance segment?
- Published on 28 Aug 15

a. RBI
b. SIDBI
c. NABARD
d. IRDAI

ANSWER: IRDAI
 
The Insurance Regulatory and Development Authority of India Member Nilesh Sathe announced that the decision will not be binding on banks who are free to take their call.

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