News From Press Insurers can invest in debt ETFs subject to some conditions, says IRDAI

Insurers can invest in debt ETFs subject to some conditions, says IRDAI

Source: Moneycontrol Dec 12, 2019

The insurance regulator has said insurance companies can invest in debt exchange-traded funds (ETFs) subject to certain conditions.

Insurance Regulatory and Development Authority of India (IRDAI) said debt ETFs with underlying debt securities of Central Public Sector Enterprises (CPSEs) proposed to be launched in India, will be an eligible class of investment.

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