Credit insurance regulation in India
The Indian regulatory authority IRDAI has issued revised guidelines on credit insurance. The new regulations will come into force on 1 November 2021.
The new guidelines aim to promote the sustainable and sound development of the credit insurance business and improve economic stability.
The Indian non-life insurance companies will be able to provide credit insurance coverage to suppliers, licensed banks and other financial institutions to help businesses better manage risk.
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Mon, 27/09/2021 - 15:08
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