Latest Breaking News On - Indian reits - Page 8 : comparemela.com

Indian insurers get nod to invest in debt instruments of InvITs, Reits April 26, 2021 The Insurance Regulatory and Development Authority of India (Irdai) allowing insurers on Thursday to invest in debt securities issued by infrastructure investment trusts (InvITs) and real estate investment trusts (Reits) is expected to improve the overall yield of the portfolios held by the firms, while providing more long-term funding to the realty sector. The nod came after Irdai had allowed insurers in March to invest in the units of such pooled investment vehicles. “The move gives insurance companies an additional opportunity to invest in top-rated infrastructure assets. By their very nature of business, insurance companies are long-term players and hence ideal candidates for investments in long-term infra projects,” said Arun Srinivasan, head of fixed income, ICICI Prudential Life Insurance Co. Ltd.

Varun srinivasanIndian reitsPrudential life insurance coLife insuranceAnuj puriAnarock property consultantsஅருண் ஸ்ரீநிவாசன்விவேகமான வாழ்க்கை காப்பீடு இணைவாழ்க்கை காப்பீடுஅனுஜ் பூரி