简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
abstrak:MUMBAI, Aug 4 (Reuters) - Indias insurance regulator has allowed insurance companies to classify deb
MUMBAI, Aug 4 (Reuters) - Indias insurance regulator has allowed insurance companies to classify debt securities of HDFC Ltd under the housing and infrastructure category, it said in a notification on Friday.
HDFC Ltd was merged with HDFC Bank (HDBK.NS) on July 1, following which debt securities of the housing financier had been transferred to the bank.
Insurance companies feared they would breach investment limits prescribed for the financial sector after the merger if bonds of HDFC were classified under that segment.
Bonds of HDFC Ltd will be treated as exposure to housing and infrastructure till maturity, the Insurance Regulatory Development Authority (IRDA) clarified.
IRDA has also given insurance companies time till June 30, 2024, to comply with norms for maximum exposure to a single entity in the case of HDFC Bank.
Some insurance companies, which held shares of both HDFC and HDFC Bank, may breach these exposure norms.
Disclaimer:
Ang mga pananaw sa artikulong ito ay kumakatawan lamang sa mga personal na pananaw ng may-akda at hindi bumubuo ng payo sa pamumuhunan para sa platform na ito. Ang platform na ito ay hindi ginagarantiyahan ang kawastuhan, pagkakumpleto at pagiging maagap na impormasyon ng artikulo, o mananagot din para sa anumang pagkawala na sanhi ng paggamit o pag-asa ng impormasyon ng artikulo.