HDFC Bank plans infra bond swap for securities of parent HDFC Ltd

HDFC Bank is discussing with investors and the regulator a plan through which the country’s most-valued lender would buy back some of the bonds issued by the erstwhile HDFC, and replace these instruments with new infrastructure bonds to be sold to the same set of investors holding the securities. This exercise, if approved, would help … Read more

health insurance: Improvement in tech, backend processes & team strength needed to achieve IRDA objective: Shweta Rajani

“Honestly the infrastructure would need to be improved, the backend technology would have to be improved for them and the timeline for them is I would say two months, within two months they have to get all this sorted,” says Shweta Rajani, Anand Rathi Wealth.In my personal experience, I was hospitalised once and I got … Read more