IRDAI Lets Insurers Flex 20% in Infrastructure SPV Debt!

Listen up, folks! IRDAI, the heavyweight champ of insurance in India, just threw down a proposal allowing insurers to strut their stuff with 20% investments in infrastructure SPVs. But wait! Only if those cash flows are as steady as The Rock’s biceps and the debt shines bright like a championship belt. Time to get ready to rumble in the investment ring!