IRDAI seeks particulars on IIHL’s proposed takeover of RCap’s insurance coverage arms
IRDAI has written to the administrator of Reliance Capital on March 20 looking for particulars of IndusInd Worldwide Holdings’ proposed takeover of bancrupt RCap and its insurance coverage subsidiaries. The letter was in response to functions filed by the insurance coverage subsidiaries in October 2023 and conferences held with the administrator in December 2023 and … Read more