SBI Life to the Rescue: Irdai Orders Takeover of Sahara Life to Protect Policyholders.
In a significant move aimed at safeguarding the interests of thousands of policyholders of Sahara India Life Insurance Co. Ltd., the Insurance Regulatory and Development Authority of India (Irdai) has directed the takeover of the company’s live insurance policies by SBI Life Insurance Co. Ltd., the country’s largest privately held life insurer. Irdai’s decision comes … Read more