Regulators take stock of risks posed by subsidiaries of HDFC Group, ICICI Group and Kotak Group

.....The inter-regulatory forum (IRF) - which has representation from the banking sector regulator Reserve Bank of India (RBI), securities market regulator Sebi as well as regulators of insurance and pension sectors - is in dialogue with all stakeholders to come up with an acceptable assessment of risk being posed by the subsidiaries on the parent groups, 

Read - ET