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Friday 21 February 2020

Irdai pulls up Oriental for hiding commissions

The insurance regulator has continued its crackdown on the industry practice of paying higher commission to distributors for motor insurance. After penalising a host of insurance brokers linked to auto dealerships, the regulator has pulled up state-owned Oriental Insurance Company for disguising commissions in 2016-17.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2V7uRyK

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