The insurance regulator has removed the requirement for prior approval to repatriate dividends by insurance intermediaries with majority foreign ownership
The Bombay High Court ordered the deletion of false information following the circulation of fake videos featuring NSE's MD and CEO Ashishkumar Chauhan
Till now, FDI up to 49% was allowed in insurance intermediaries through the automatic route
The FDI policy earlier allowed 49% foreign investment in the insurance sector, which includes insurance intermediaries.
The FDI policy, at present, allows 49 per cent foreign investment in the insurance sector