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View Full Version : IRDA whip against pyramid schemes



IndiaInsurance
10th March 2010, 04:26 AM
In a bid to crackdown on pyramid schemes, the insurance regulator has barred companies that do not have a substantial customer base of their own from becoming corporate agents.

More... (http://economictimes.indiatimes.com/personal-finance/insurance/insurance-news/IRDA-whip-against-pyramid-schemes/articleshow/5665202.cms)

IndianInsurance
10th March 2010, 05:36 AM
Good move by IRDA?