IndiaInsurance
1st July 2009, 08:54 PM
IRDA has prohibited Indian insurers from investing in IDRs, saying the insurance law does not allow investment of policy-holders funds directly or indirectly outside the country.
More... (http://economictimes.indiatimes.com/IRDA-bars-insurers-from-investing-in-IDRs/articleshow/4724305.cms)
More... (http://economictimes.indiatimes.com/IRDA-bars-insurers-from-investing-in-IDRs/articleshow/4724305.cms)