IRDAI major reform agenda to force distributors to completely rethink business models, can impact earnings of banks
· thehindubusinessline.com
IRDAI's proposed distribution reforms cut commissions to curb mis-selling, risking distributor viability and impacting bancassurance earnings for banks.
While insurance regulator Insurance Regulatory and Development Authority of India (IRDAI) has proposed a major reform in distribution norms by sharply cutting c...