Indian Insurers Push Back on Capital Rule for State Bonds

Indian insurers asked their regulator to soften a proposal that requires them to set aside capital when they buy state bonds, warning it would make the debt less attractive to...

By Bhaskar Dutta · Bloomberg Markets

Indian insurers asked their regulator to soften a proposal that requires them to set aside capital when they buy state bonds, warning it would make the debt less attractive to own, according to people familiar with the matter.