Insurance Newsletter - July 11 to 15, 2016

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.

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