Banks may get to sell policies of rival insurers

[IndiaInsurance]

The insurance regulator is reviewing rules that restrict banks from selling policies of rival insurance companies. The proposed move may upset the multi-crore distribution arrangements between banks and insurers and force them to review their strategies.

More... (http://economictimes.indiatimes.com/Banks-may-get-to-sell-policies-of-rival-insurers/articleshow/4507628.cms)