FDI Hike in Insurance Sector

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..... FDI Hike in Insurance Sector
News and Press Release
Dated:- 11-7-2014

The Government had introduced the Insurance Laws (Amendment) Bill, 2008 in the Rajya Sabha on 22.12.2008. The Bill, .....

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..... inter-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 perc .....

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..... ent 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` vi .....

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..... ews 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 i .....

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..... n written reply to a question in Lok Sabha today.
News - Press release - PIB .....

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