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Irdai's proposed insurance commission caps may hit smaller banks harder

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Summary

The proposed curbs could erode more than half the bancassurance income at some small and mid-sized lenders, with losses reaching as much as 70% in certain product categories.

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  1. Livemint Not rated IN
    Irdai's proposed insurance commission caps may hit smaller banks harder

    The proposed curbs could erode more than half the bancassurance income at some small and mid-sized lenders, with losses reaching as much as 70% in certain product categories.