Rajya Sabha passes bill to hike FDI in insurance sector to 74 pc

Rajya Sabha on Thursday approved a bill to raise the foreign investment limit in the insurance sector to 74 per cent with Finance Minister Nirmala Sitharaman saying while control will go to foreign companies, the majority of directors and key management persons will be resident Indians who will be covered by law of the land.

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https://economictimes.indiatimes.com/industry/banking/finance/insure/rajya-sabha-passes-bill-to-hike-fdi-in-insurance-sector-to-74-pc/articleshow/81572980.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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