Question
a.
If the investment is in equity
b.
If the parent company guarantees the entire debt extended and the interest payment of SPV
c.
If the parent company has a rating of less than AA
d.
If the Net worth of the parent company is less than Rs. 500 crores
Posted under IC 89 Management Accounting
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Q. Under what conditions can an insurer invest a maximum of 20% of the project cost of a Public Limited Special Purpose Vehicle (SPV) engaged in the Infrastructure sector?
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