After years of deliberation, the Indian government has increased the Foreign Direct Investment (FDI) limit in insurance companies to 74% against the current 49%, Finance Minister Nirmala Sitharaman announced on Monday in the Union Budget of 21-22 albeit some “safeguards”.source https://economictimes.indiatimes.com/industry/banking/finance/insure/governments-move-to-relax-fdi-limit-for-insurance-a-big-boost-for-small-insurers/articleshow/80630354.cms
No comments:
Post a Comment