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Irdai fines ICICI Lombard Rs 1 crore
The Economic Times
September 7, 2026
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Mumbai: The Insurance Regulatory and Development Authority of India (Irdai) has imposed a ₹1 crore penalty on ICICI Lombard General Insurance for lapses in outsourcing practices, vendor management and corporate governance during an inspection conducted in 2019.The penalty relates to payments made by
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