IRDAI cautions insurers against loading up on bonds of HDFC cos

Early April, mortgage lender Housing Development Finance Corp (HDFC) proposed the merger with HDFC Bank. After the announcement, insurers wrote to their regulator Irdai on the permitted exposure limits in the individual entities.

IRDAI cautions insurers against loading up on bonds of HDFC cos
Early April, mortgage lender Housing Development Finance Corp (HDFC) proposed the merger with HDFC Bank. After the announcement, insurers wrote to their regulator Irdai on the permitted exposure limits in the individual entities.