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View Full Version : IRDA ask insurers not to collect premium over Rs 50,000 in cash



IndiaInsurance
4th March 2009, 07:39 PM
Insurance regulator IRDA on Wednesday asked insurance companies not to accept premium beyond Rs 50,000 in cash in order to check money laundering.

More... (http://economictimes.indiatimes.com/Personal-Finance/Insurance/Insurance-news/IRDA-ask-insurers-not-to-collect-premium-over-Rs-50000-in-cash/rssarticleshow/4224325.cms)