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The Hindu Businessline

Economy / The Hindu Businessline

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Wrongdoing by insurance companies does not go unnoticed, says FM Sitharaman

In 202324, a penalty of 2 crore was levied on Reliance General Insurance Company for unfair business practices. Similarly, penalties have been imposed on other companies including Bajaj Finance Ltd (2 crore), HDFC Life Insurance (2 crore), SBI Life Insurance (1 crore) and Royal Sundaram General Insurance (1 crore)

17 Mar 2026 6:59 pm