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FDI proposal for bank-promoted insurance firm to be vetted by RBI, Irdai
These changes were made by amending the Foreign Exchange Management (Non-debt Instruments) Rules, 2019
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Money9 Edit | Hike in FDI limit in pension sector a welcome move, but greater due diligence required
Foreign investments should only bring further transparency in the pension sector
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Bill to increase FDI in insurance sector gets Parliament’s nod
Finance Minister Nirmala Sitharaman said that hiking the FDI limit in the insurance sector will help insurers to raise additional funds and tide over
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Insurance companies with foreign investments must retain percentage of profit as general reserve: Nirmala Sitharman
Finance Minister Nirmala Sitharaman said while control will go to foreign companies, the majority of directors on the board and key management persons
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FDI worth Rs 26,000 cr received in insurance sector since further opening in 2015: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman said insurance companies are facing liquidity pressure and that is why the government was proposing to increase th
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Insurance: Nirmala Sitharaman introduces Bill in Rajya Sabha to allow 74% FDI
Currently, the permissible FDI limit in life and general insurance stands at 49% with ownership and management control with Indians
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Cabinet approves 74% FDI limit in insurance sector
The move will provide a push to the insurance industry to scale up digital and infrastructure capabilities
