Non-life insurer SBI General Insurance Company Ltd was fined Rs.25 lakh (2.5 million) by the Insurance Regulatory and Development Authority (IRDAI) for violation of regulations relating to motor third party insurance obligations.

Indian insurance regulator IRDAI slaps 2.5 million rupees of fines on SBI General

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Indian insurance regulator IRDAI slaps 2.5 million rupees of fines on SBI General