Irda full form: Following the recommendations of the

Following the recommendations of the Malhotra Committee, in 1999 the Insurance Regulatory and Development Authority (IRDA) was constituted to regulate and develop the insurance industry and was incorporated in April 2000. Insurance Regulatory and Development Authority of India (IRDAI) Pension Fund Regulatory and Development Authority (PFRDA) National Bank for Agriculture and Rural Development (NABARD) National Bank for Financing Infrastructure and Development (NaBFID) Gazette notification/Bank guidelines/NPCI guidelines IRDA is the regulatory body for the insurance sector in India. It protects policyholders' interests, promotes the market growth, and conducts the IRDAI exam for Assistant Manager recruitment.