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Insurers await IRDAI’s new classification of HDFC bonds post-merger; assess impact on holdings

by AIP Online Bureau | Jun 28, 2023 | Banking & Bancassurance, Indian News, Regulation

There is uncertainty whether HDFC’s bonds will be classified under housing and infrastructure after the merger, and we are awaiting clarification from regulators, Arun Srinivasan, head of fixed income at ICICI Prudential Life Insurance, told Reuters. “In...

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