As per the order issued by the Insurance Regulatory and Development Authority of India's Chairman T.S. Vijayan, R.K.Sharma, a General Manager in the IRDAI has been appointed as Administrator for Sahara India Life Insurance with immediate effect.
The IRDAI said it exercised the power under Section 52A of the Insurance Act.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
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