trending Market Intelligence /marketintelligence/en/news-insights/trending/0tOlSEzyfnqTsJjYm7A96Q2 content esgSubNav
In This List

Indian regulator considers allowing insurers to buy hybrid Additional Tier 1 bonds

Blog

Anticipate the Unknown: Does Supply Chain Disruption Lead to Increased Credit Risk?

Blog

Data Stories: Data insights to help alleviate business complexity amid geopolitical risks

Blog

Expand Your Perspective: Data & Distribution Q&A

Podcast

Street Talk | Episode 90: Banks should not wait on the Fed to put cash to work


Indian regulator considers allowing insurers to buy hybrid Additional Tier 1 bonds

The Insurance Regulatory Development Authority of India isconsidering allowing insurers to buy hybrid Additional Tier 1 bonds issued bybanks, Reuters reported May 5, citing V.R. Iyer, a senior official at theregulator.

The regulator will finalize a decision on the matter in onemonth, Iyer said.

The official added that the regulator will maintain existingrestrictions on insurers buying bonds of companies rated below AA. Someinvestors expected the regulator to ease existing rules that restrict thepurchase of such bonds, given India's efforts to bolster investments in theinfrastructure sector.