IRDAI Imposes Rs 3 Crore Penalty On Max Life Insurance Over Rules Violation
Max Life Insurance has been fined Rs 3 crore by the insurance regulatory body IRDAI for violating norms. Generally, Axis Bank is the corporate agent of Max Life Insurance Company. According to IRDAI, norms were violated in some of the transactions carried out by these two companies. So, IRDAI has announced that Axis Bank will […]