Business

Insurers asked to make provisions for ILFS, RCap defaults

Insurers asked to make provisions for ILFS, RCap defaults The regulator said the insurers with exposure to Anil Ambani-run Reliance Capital#39;s subsidiaries--Reliance Home Finance and Reliance Commercial Finance--will have to make provisions for debt of these companies which were downgraded by Care Ratings last month.

from Moneycontrol Business News
Read The Rest:moneycontrol...

Realted Posts