How Troubles At DHFL, Yes Bank, IL&FS, Anil Ambani Firms May Hurt Indian Insurers
A file photo of Rs 2,000 notes. Insurers disclosed a total investment of about Rs 11,800 crore in debt of companies that were downgraded in the second half of 2018-19. (Photographer: Dhiraj Singh/Bloomberg)

How Troubles At DHFL, Yes Bank, IL&FS, Anil Ambani Firms May Hurt Indian Insurers

Bajaj Group’s insurance subsidiary provided for its investments in debt downgraded by ratings agencies, hurting its profit in the quarter ended June 30. But the insurer isn’t alone in having such e...
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