Over the past two years, some of the large non-banking finance companies (NBFCs) have transferred real estate and other wholesale loan exposures at the first hint of stress to new alternative investment funds (AIFs) that they set up in partnership with PEs and asset managers.
100% FDI to deepen insurance penetration, not disrupt top players: Nitin Raheja
The government’s 100% FDI in insurance is expected to boost sector penetration rather than disrupt established players, according to Nitin Raheja. While smaller insurers may