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Insurance amendment bill News

18 Mar 2021

Bill to raise FDI limit in insurance sector passed in Rajya Sabha

Insurance (Amendment) Bill, 2021 was passed in Rajya Sabha The Bill seeks to raise FDI limit in insurance sector to 74 per cent Opposition staged a walkout in protest of the bill

10 Dec 2014

Cabinet approves insurance bill; RS may take up next week

The Cabinet, headed by Prime Minister Narendra Modi, approved incorporation of amendments suggested by a Parliamentary select panel in the Insurance Laws (Amendment) Bill, 2008.

10 Dec 2014

Parliamentary Committee report on insurance pitches for 49% foreign investment cap

At present, a limit of 26 percent is allowed only through the FDI route.

09 Dec 2014

Panel favours 49% FDI in insurance; report to be presented in Parl Wednesday

The report of the 15-member Parliamentary committee on the Insurance Amendment Bill, held up for nearly six years, is likely to be placed before the Rajya Sabha Wednesday.

28 Nov 2014

No plan of tapping capital market at moment:Bajaj Allianz Life

At present, Allianz of Germany holds 26 percent stake in the insurance firm.

23 Nov 2014

Insurance bill on government agenda for Parliament session

The government has an ambitious legislative agenda for the winter session with a slew of bills slated to be tabled.

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