IRDAI raises concerns over IndusInd International Holdings' (IIHL) resolution plan for Reliance Capital, citing deviations from insurance regulations. Questions arise over IIHL's equity infusion, debt-raising plans, and ability to meet future capital needs. The regulator also seeks clarity on FDI limits and acquisition structure. IIHL's Rs 9,650-crore resolution plan for Reliance Capital was approved by NCLT in February 2024 Read The Rest at :
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