News Regulations04 Feb 2021

India:Higher FDI cap in insurance could attract fund inflows of more than US$2bn

04 Feb 2021

The Indian insurance market could attract INR200bn ($2.74bn) to INR250bn from equity funds and foreign investments in 2-3 years as a result of the government's decision to raise the ceiling on foreign direct investments in insurance to 74% from the current cap of 49%.

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