FDI Hike in Insurance Sector

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....DI Hike in Insurance Sector <br>News and Press Release<br>Dated:- 11-7-2014<br><BR>The Government had introduced the Insurance Laws (Amendment) Bill, 2008 in the Rajya Sabha on 22.12.2008. The Bill, i....

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....nter-alia, provides for holding of equity shares in Indian insurance companies by a foreign company, either by itself or through its subsidiary companies or its nominees to not exceed forty-nine perce....

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....nt of paid up equity capital. An increase in foreign equity share limit in insurance sector will potentially enable additional capital flows into the sector. Assessing and obtaining stakeholders` vie....

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....ws through various means is a regular feature of Government functioning, including in the insurance sector. This information was given by the Minister of State for Finance, Smt. Nirmala Sitharaman in....

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.... written reply to a question in Lok Sabha today.<BR> News - Press release - PIB....