The amendments also clarify that the prohibition on creating encumbrance or charge on assets backing policyholders’ liabilities will not apply to repo, reverse repo and securities lending transactions, providing insurers greater operational flexibility in managing liquidity.
West Asia conflict poses downside risk, India GDP growth seen at 7.1 pc in FY27: Crisil Intelligence
India’s economy faces risks from West Asia conflict affecting oil prices. Real GDP growth is expected at 7.1 percent in FY27. This growth will be