Indian insurers get nod to invest in debt instruments of InvITs, Reits

Indian insurers get nod to invest in debt instruments of InvITs, Reits

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.

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