India Cabinet Approves 100% Foreign Investment in Insurers
India’s cabinet approved a proposal to allow 100% foreign direct investment in the insurance sector, a government official said, in a move aimed at accelerating capital inflows and expanding coverage...
By Siddhi Nayak, Swati Gupta, Abhijit Roy Chowdhury · Bloomberg Markets
India’s cabinet approved a proposal to allow 100% foreign direct investment in the insurance sector, a government official said, in a move aimed at accelerating capital inflows and expanding coverage in one of the world’s fastest-growing insurance markets.