The IRDAI is considering regulations to curb insurers’ reliance on parent banks for bancassurance sales, often exceeding 90%. This follows concerns over misselling and aims to promote diversification through agency and digital channels, fostering a level playing field within the industry. The regulator encourages insurers to explore open architecture distribution models.
Dow ends 400 points higher as investors buy AI stocks; Microsoft rallies
Wall Street experienced gains on Friday, driven by positive performance from Microsoft and AI-related technology stocks. High oil prices and rising US Treasury yields created
September 25, 2026