+
IRDAI Grants Approval for Insurers to Invest in NBFCs' Infra Debt Funds
ECONOMY & POLICY

IRDAI Grants Approval for Insurers to Invest in NBFCs' Infra Debt Funds

The Insurance Regulatory and Development Authority of India (IRDAI) has greenlit insurers to invest in infrastructure debt funds provided by Non-Banking Financial Companies (NBFCs). This decision broadens the investment spectrum for insurance companies, allowing them to participate in the financing of infrastructure projects through the debt funds facilitated by NBFCs. The move aligns with efforts to stimulate infrastructure development by facilitating diverse sources of funding.

The approval signifies a strategic step to encourage insurers to contribute to the growth of the infrastructure sector. By permitting investments in NBFCs' infrastructure debt funds, IRDAI aims to channel insurance funds into projects that play a crucial role in the nation's economic development. The decision is anticipated to attract insurers to engage in long-term investments, fostering a symbiotic relationship between the insurance and infrastructure sectors.

Insurers, armed with the approval to invest in NBFCs' infrastructure debt funds, can now diversify their portfolios while contributing to the expansion of critical infrastructure projects. This regulatory move underscores a collaborative approach, bringing together insurance and finance sectors to support India's infrastructure ambitions. As the nation continues its drive for robust infrastructure, this decision by IRDAI serves as a strategic enabler for the insurance industry to actively participate in the financing of key projects.

The Insurance Regulatory and Development Authority of India (IRDAI) has greenlit insurers to invest in infrastructure debt funds provided by Non-Banking Financial Companies (NBFCs). This decision broadens the investment spectrum for insurance companies, allowing them to participate in the financing of infrastructure projects through the debt funds facilitated by NBFCs. The move aligns with efforts to stimulate infrastructure development by facilitating diverse sources of funding. The approval signifies a strategic step to encourage insurers to contribute to the growth of the infrastructure sector. By permitting investments in NBFCs' infrastructure debt funds, IRDAI aims to channel insurance funds into projects that play a crucial role in the nation's economic development. The decision is anticipated to attract insurers to engage in long-term investments, fostering a symbiotic relationship between the insurance and infrastructure sectors. Insurers, armed with the approval to invest in NBFCs' infrastructure debt funds, can now diversify their portfolios while contributing to the expansion of critical infrastructure projects. This regulatory move underscores a collaborative approach, bringing together insurance and finance sectors to support India's infrastructure ambitions. As the nation continues its drive for robust infrastructure, this decision by IRDAI serves as a strategic enabler for the insurance industry to actively participate in the financing of key projects.

Next Story
Infrastructure Urban

HAVER & BOECKER Marks a Century of Fascinating Engineering

HAVER & BOECKER is celebrating 100 years of the Machinery Division. It kicked off the year-long festivities in May by hosting customers and industry partners from around the globe for an anniversary event at its headquarters in Oelde, Germany. The occasion also commemorated milestones for two subsidiaries: 50 years of IBAU HAMBURG and 25 years of AML Anlagentechnik, highlighting HAVER & BOECKER’S enduring legacy and technological leadership.The anniversary celebrations will all feature a short reflection on the past before jumping into a showcase of continuous innovation and a clear ..

Next Story
Equipment

MYCRANE Launches Auction Tool to Make Crane Rental Faster

MYCRANE, the first global platform for online crane rental, has launched a powerful new MYCRANE Auction feature, designed to improve transparency, accelerate rentals and deliver greater value for both customers and suppliers. MYCRANE Auction supports multiple auction types—including reverse auctions, forward auctions, and sprint formats—giving customers full flexibility in how they engage with suppliers. At launch, the reverse auction format is expected to be the most commonly used, particularly for high-value, urgent, or competitive rental jobs. Accessible via the main rental pl..

Next Story
Infrastructure Urban

EVMS Raises Concern Over Illegal E-Rickshaw Operations

The Electric Vehicle Manufacturers' Society (EVMS), representing more than 200 organised and MSME EV manufacturers across India, held a press conference at the Press Club of India, highlighting two major challenges facing the country’s electric mobility sector. These include the widespread operation of illegal e-rickshaws and the sharp increase in low-quality imports. Shri Rajiv Tulli, General Secretary of EVMS and an industry veteran with over 25 years of experience, led the session. He made a strong case for urgent policy action, regulatory clarity, and coordinated steps from all stakehold..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?