IRDAI Slaps ₹5 Crore Fine on Policybazaar for Regulatory Violations
Watchdog Cracks Down on Leading Insurance Aggregator The Insurance Regulatory and Development Authority of India (IRDAI) — India’s apex body overseeing insurance operations — has imposed a hefty penalty of ₹50 million (approximately $570,000) on Policybazaar, one of the country’s leading digital insurance marketplaces. The fine follows an investigation into regulatory lapses at Policybazaar, a…



