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HDFC had a similar breakdown last year & RBI wants to know why

Following the outage, several HDFC customers unable to access their salary accounts to make bill payments.


Dec 05, 2019, 10.17 PM IST



How IRDAI protects policyholders from crises at insurance companies

Insurers are required to follow certain investment norms, like they cannot invest in debt securities with a rating below AAA. If any asset is impaired and the rating falls below AAA, it has to be marked to market. The insurer cannot hide this.

IRDAI asks Reliance Health Insurance to stop selling new policies

So far as policyholders of RHICL are concerned, the Authority would like to...

LIC allows revival of lapsed policy of over 2 years

Earlier, all policies taken after Jan 2014 could not be revived if they remained in lapse...

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