IndiaInsurance
15th July 2016, 05:00 PM
The Insurance Regulatory and Development Authority of India(IRDAI) in its proposed Investment Regulations-2016 has said it would be capping the amount that life insurance companies can invest in bank fixed deposits and that debentures/bonds of National Housing Bank, HUDCO, housing finance companies accepting public deposits and equity/debt of dedicated infra finance companies will not counted as part of BFSI exposure, reports a financial newspaper.
More... (http://www.indiainfoline.com/article/news-top-industry-newsletters/insurance-newsletter-july-11-to-15-2016-116071500515_1.html)
More... (http://www.indiainfoline.com/article/news-top-industry-newsletters/insurance-newsletter-july-11-to-15-2016-116071500515_1.html)