Who has allowed banks to tie up with insurers to sell three products each from life non life and sta...........

Finance (Phase -I & II) Financial Institutions

Who has allowed banks to tie up with insurers, to sell three products each from life, non-life and standalone health insurance segment?

RBI

SIDBI

NABARD

IRDAI

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Explanation:

The Insurance Regulatory and Development Authority of India Member Nilesh Sathe announced that the decision will not be binding on banks who are free to take their call.

The Insurance Regulatory and Development Authority of India (IRDAI) is an autonomous, statutory body tasked with regulating and promoting the insurance and re-insurance industries in India.