ANNOUNCED AS TEMPORARYNo
FDI: Entry and ownership rule
On 4 February 2014, the Indian Department for Industry Policy and Promotion (DIPP) notified that henceforth in addition to Foreign Direct Investors (FDI), Foreign Institutional Investors and Non-resident investors (NRI) will also be allowed to invest in equity of India insurance companies. The investment cap has been retained at 26%.
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