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News From Press IRDAI yet to seek details of insurance cos’ exposure to DHFL

IRDAI yet to seek details of insurance cos’ exposure to DHFL

Source: The Hindu BusinessLine Feb 11, 2019

The insurance regulator has not yet sought details of the exposure of insurance companies to home financier Dewan Home Finance Ltd (DHFL) even as insurers have adopted caution while dealing in NBFC securities.

“As of now, the Insurance Regulatory and Development Authority of India has not asked us for details of our investments in DHFL,” said an executive with an insurance company, adding that they are closely monitoring the situation.

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