Mint BFSI Summit | 100% foreign direct investment in insurance in the works
Mumbai: The Insurance Regulatory and Development Authority of India is considering a proposal to increase foreign direct investment in the insurance sector to 100% from 74% now, Deepak Sood, member of Irdai, said at the 17th edition of the Mint BFSI Summit and Awards on Friday. Allowing 100% FDI in insurance may not only open the…