An official of private general insurer said that they had approached Insurance Regulatory and Development Authority (IRDA) for increasing the travel insurance premium because of
the rupee depreciation, as quoted by the resources.
The two companies had cited rising input cost and
rupee depreciation as reasons for taking such a step.
Vice President, Sales and Marketing said, «
The rupee depreciation -LSB-...]
Not exact matches
The
depreciation of the
rupee has effected all Indian sectors and resulted in inflation.