FEMA & Banking: IRDAI has delegated powers to impose penalties and issue directions under specified provisions of the Insurance Act, regulations and guidelines, covering insurers, corporate agents and insurance repositories.(21.09.2026)

FEMA and Banking

IRDAI has delegated powers to impose penalties and issue directions under specified provisions of the Insurance Act, regulations and guidelines, covering insurers, corporate agents and insurance repositories.

(Notification F. NO IRDAI/DOP/13/227/2026 dated 21.09.26)