Comments
As many as six private insurers have got FIPB approval for foreign investment proposals worth ₹2,566 crore till February after the government increased the FDI cap in the sector to 49 per cent from 26 per cent.
“As on February 29, 2016, foreign investment proposals of six insurance companies have been approved by Foreign Investment Promotion Board (FIPB), including a total quantum of ₹2566.26 crore,” said the Finance Ministry’s 2015-16 Annual Report.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.