The Insurance Regulatory and Development Authority (IRDA) along with other regulators will adopt a common stand on the issue of parking of excess funds with the Government. IRDA Chairman J Harinarayana has said in Hyderabad on Sunday that there has been correspondence going on for a long time and all the regulators will take a common stand on the issue.The Finance Ministry recently sent a directive to the IRDA and the Securities and Exchange Board of India to deposit their surplus funds with it, following a recommendation from the Comptroller and Auditor General of India. As per Government estimates, total surplus fund with the financial regulators was about 1,800 crore rupees.