SBI Life & other insurance stocks tumble up to 8%. Here's why

  • Posted on November 28, 2024
  • By Business News Today
  • 3 Views
SBI Life & other insurance stocks tumble up to 8%. Here's why

Shares of Life Insurance companies took a dip, falling as much as 8% on the BSE on Thursday after reports suggested that the insurance regulator IRDAI is considering limiting a parent bank's contribution to an insurer's total bancassurance business.
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