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View Full Version : IRDA stops insurers from providing credit default insurance



IndiaInsurance
29th September 2010, 07:05 PM
The Insurance Regulatory and Development Authority (IRDA) has asked the general insurers to stop giving credit default insurance, a cover which is provided to banks against payment default by borrowers.

More... (http://economictimes.indiatimes.com/personal-finance/insurance/insurance-news/IRDA-stops-insurers-from-providing-credit-default-insurance/articleshow/6652251.cms)