IRDAI slaps ₹2 cr fine on HDFC Life; shares drop 0.88%
The IRDAI identified violations related to policyholders' interests, interactions with web aggregators, and insurance distributors.
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HDFC Life Insurance slapped tax order worth ₹2,087 cr
HDFC Life says the order will have no adverse material impact and that it will contest by appealing before appellate authority
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A young population, increasing disposable incomes, growing financial awareness and robust regulatory support are contributing to the insurance industry’s growth.
HDFC Life Insurance Q2 profit rises 15% YoY to ₹378 cr
In the September quarter, the company's net premium income stood at ₹14,755.96 crore, up 28% as against ₹13,110.91 crore in the same period last year.
