Govt defers restrictions on common directorships across insurers, banks
Published on: Feb. 5, 2026, 12:39 a.m. | Source: The Economic Times
Most large life and general insurers in India are promoted by banks and have nominee directors drawn from their promoter banks' boards or senior management. Companies such as SBI Life, SBI General Insurance, HDFC Life and IndiaFirst Life typically have common directors to represent promoter interests.
