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Stake dilution in SBI Life to be finalised in 3-4 months

It is believed that the foreign partner is most likely to increase its stake in the leading life insurance firm promoted by the country's largest lender State Bank of India (SBI).

IRDAI seeks suggestions on proposed amendments to its rules

Insurance sector regulator IRDAI has sought public comments on proposed amendments to its existing norms pursuant to the introduction of Insurance Laws (Amendment) Act, 2015.

Bupa Insurance to raise stake in Max Bupa to 49%

Through an Ordinance, the government has permitted foreign investment of up to 49 percent in the insurance sector, from a limit of 26 percent previously.

Crucial Insurance, Companies Bills to come up in Parliament

With the Lok Sabha already having passed 13 Bills and the Rajya Sabha clearing nine, the ongoing winter session of Parliament is set for good performance in transaction of legislative business.

Efforts on to pass Insurance Bill in winter session: Minister

Government will make all efforts to pass the Insurance Laws (Amendment) Bill in the ongoing winter session of Parliament, Minister of State for Finance J D Seelam said on Friday.

Govt likely to hike FDI cap in insurance today

The Cabinet meeting scheduled on Monday is likely to consider a hike on foreign direct investment (FDI) in insurance sector.

Govt may hike FDI cap in insurance, pension next week

The Cabinet meeting scheduled for Friday to decide on foreign direct investment (FDI) in insurance sector has been deferred to Tuesday.

Budget 2012: Banking and insurance law amendments

Union Finance Minister Pranab Mukherjee proposed amendments to three key banking and insurance laws.