What’s At Risk For Insurers, Pension Funds After IL&FS Downgrade 
A customer counts Indian one-hundred rupee banknotes. (Photographer: Dhiraj Singh/Bloomberg)

What’s At Risk For Insurers, Pension Funds After IL&FS Downgrade 

Infrastructure Leasing & Financial Services Ltd.’s downgrade to junk has put Rs 10,000 crore worth of investments by insurers and pension funds at risk.Of the company’s standalone outstanding borro...
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