26% right now.Govt is planning to increase it to 49%.But bill still not passed.desicion may be taken in may or june
74%
the Indian insurance sector is projected to grow from about rs.28000 crores in 2006-07 to rs.50000 crores in 2012-13. describe the growth & evolution in the insurance sector in India.
What are the affects of FDI in insurance sector? FDI in insurance is being recognised by economists with various benefits, they argue that the foreign insurers come in with not only the cpital but the technical know how is also transformed in the country, it generates employment avenues, efficiency in doing business means greater profits and ultimately taxes to the government. The profits generated from the operations can be invested in the government priority sectors lessining the burden on government and it saves the funds which otherwise government was required to invest. The funds saved can therefore be diverted to the other priority areas needing attention. Tanveer A Darzi
The initials FDI often refer to the Foreign Direct Investment. It could also stand for the British FDi magazine, the Federal Deposit Insurance Corporation or the FDI World Dental Federation.
State Bank of India is the largest public sector bank in India
74%
26%
26%
Telecom sector has attracted most Foreign direct investment.
Insurance sector in India is regulated by 'Insurance Regulatory Development Authority (IRDA).
the Indian insurance sector is projected to grow from about rs.28000 crores in 2006-07 to rs.50000 crores in 2012-13. describe the growth & evolution in the insurance sector in India.
One factor affecting the FDI in India is their economic growth. Also, another factor affecting the FDI in India is their capital preservation.
FI investment is a part of FDI. Foreign Institutional Investors are the instrument of FDI which specifically invests in finance sector of the economy. FI investment is a part of FDI. Foreign Institutional Investors are the instrument of FDI which specifically invests in finance sector of the economy.
The FDI coming in India is for short term. This is from series of retail chains.
yes..
What are the affects of FDI in insurance sector? FDI in insurance is being recognised by economists with various benefits, they argue that the foreign insurers come in with not only the cpital but the technical know how is also transformed in the country, it generates employment avenues, efficiency in doing business means greater profits and ultimately taxes to the government. The profits generated from the operations can be invested in the government priority sectors lessining the burden on government and it saves the funds which otherwise government was required to invest. The funds saved can therefore be diverted to the other priority areas needing attention. Tanveer A Darzi
its nearly 7.6% as per 2010