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

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

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