After nod, insurers gearing up to tap bonds of REITs, InvITs

MUMBAI: Top life insurance companies, including LIC of India, ICICI Life, HDFC Life and SBI Life, are set to invest in the bonds issued by Infrastructure Investment Trusts (InVIT), providing much-need long term funding to the capital-starved sector that lends further to build roads, bridges, energy towers, malls, and other infrastructure assets. The Insurance Regulatory and Development Authority of India (IRDA) last week permitted insurers to

About Author

Related posts

Toyota Motor powers to record high with cyclical shares back in demand

Toyota Motor (NYSE:TM) UP 1.98% AT 8819 Shares of Toyota Motor (NYSE:TM) touched a record high on Tuesday as investors flocked back to automakers and other relatively cheap cyclical stocks while ditching tech companies that shone earlier in the pandemic. Toyota’s shares rose as much as 2.6% to 8,869...

Read More