Welcome IRDA's IPO guidelines for life insurers: Aditya Birla Group
Ajay Srinivasan, chief executive at Financial Services, Aditya Birla Group, says his group welcomes the Insurance Regulatory and Development Authority's fresh guidelines for life insurance companies planning an initial public offering (IPO). He adds that public issues norms are stringent but it will ensure that limited number of financially sound companies will access public markets.
