News From Press DHFL crisis: Insurers seek Irdai nod to be part of inter-creditor agreement

DHFL crisis: Insurers seek Irdai nod to be part of inter-creditor agreement

Sources say that insurance companies have already held preliminary talks with Irdai on the matter

Business Standard Jul 19, 2019

Insurance companies — exposed to Dewan Housing Finance Corporation’s (DHFL) debt papers — have approached the Insurance Regulatory and Development Authority of India (Irdai) to get a go-head from the regulator for participating in the inter-creditor agreement (ICA) for DHFL, according to people in the know.

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