The Insurance Regulatory and Development Authority of India (IRDAI) recently relaxed capital requirement norms significantly for insurers to encourage their participation in the government’s flagship programme Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY).
Key Points:
Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY):
Pradhan Mantri Suraksha BimaYojana (PMSBY):
Insurance Regulatory and Development Authority of India (IRDAI)
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