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SOURCE OF INFORMATION : INSURANCE REGULATORY & DEVELOPMENT AUTHORITY OF INDIA WEBSITE
PERIOD COVERED : 16-AUG-2002 TO 13-JUL-2024

NAMES IN BROWN COLOUR
Names of entities/persons in brown colour denote that the regulatory order is not against them but their names have been mentioned only for association purposes.

INSURANCE COMPANY: DEFAULTED IN FULFILLING MANDATORY REQUIREMENT OF MINIMUM INVESTMENT OF 20% IN CENTRAL GOVT.SECURITIES

S.No. ENTITY  PERSONS  REGULATORY CHARGES REGULATORY ACTION(S) / DATE OF ORDER FURTHER DEVELOPMENTS
1
History of entity/person GENERAL INSURANCE CORP.OF INDIA  
  DID NOT FULFILL MANDATORY MINIMUM REQUIREMENT OF MINIMUM INVESTMENT OF 20% IN CENTRAL GOVT.SECURITIES   IMPOSED PENALTY RS.5,00,000

DIRECTED TO MEET MANDATORY MINIMUM REQUIREMENT OF 20% OF INVESTMENT ASSETS TO BE INVESTED IN CENTRAL GOVT.SECURITIES

01-FEB-2010 		 
The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.

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