IRDAI in talks with govt for relaxation of Rs 100-crore entry capital for insurers: Debasish Panda

"Like in the banking system, we have microfinance institutions, regional banks, and small finance banks. So, we have all categories of banks then there are non-banking financial companies. In the insurance sector also, we should have different size players to come into the market so that they can operate in smaller geographies," IRDAI Chairman Debasish Panda told PTI in an interview.

from Banking/Finance-Industry-Economic Times https://ift.tt/vV6CkoR