Economy
Indian promoters may lose control of insurance companies, says report
Updated : January 31, 2020 12:49 PM IST
This development comes as the government is mulling to enhance the foreign direct investment (FDI) limit in the industry to 74 percent from 49 percent, the report said.
In March 2015, the government raised the FDI ceiling in insurance to 49 percent from 26 percent.
