IRDAI raises concerns over Hinduja Group's IndusInd International Holdings resolution plan for debt-laden Reliance Capital.

IRDAI raises concerns over Hinduja Group's IndusInd International Holdings (IIHL) resolution plan for debt-laden Reliance Capital, questioning equity capital, debt-raising plans, acquisition structure for Reliance Capital's insurance subsidiaries, and possible exceeding Foreign Direct Investment following the transfer of Reliance Capital's stake to IIHL. The regulator emphasizes protecting policyholders' funds.