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A 2,124-Year Insurance Policy Triggers RBI Action, and the Launch of NYVO

2026-02-11
By:
On: February 11, 2026
In: Finance, NYVO

New Delhi [India], February 10: A nationalised bank in Maharashtra sold a life insurance policy to a 90-year-old man. The annual premium was ₹2 lakh. The maturity date of the policy was the year 2124. This was not a hypothetical case or an isolated error, it happened. The Reserve BankContinue Reading

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