FDI HIKE IN INSURANCE EXPECTED TO BOOST FOREIGN CAPITAL IN INDIA

HIGHLIGHTS

• The new budget presented by FM Nirmala Sitharaman allows 74% FDI in insurance business.
• The new budget proposal is can help local private insurers expand presence in India.

With the new budget presented by Finance Minister (FM) Nirmala Sitharaman allowing 74% Foreign Direct Investment (FDI) in the insurance business, there is possibility of acceleration of growth and in....