[Banking] Bancassurance: Compulsory Broker Model, IRDA vs Banks, issue, benefits, challanges, insurance penetration, Financial inclusion & Nachiket Committee
Prologue Bancassurance #1: Referral Model #2: Corporate Agent model #3: Broker Model Benefits of Broker model? Anti-Arguments: Broker Model Nachiket on Insurance Cross KYC Reforms in NBFC bancassurance models Allow NBFCs to take deposits NBFCs as mutual funds agents [...]
