India:Higher FDI cap in insurance could attract fund inflows of more than US$2bn

February 04, 2021
“The last FDI limit hike from 26% to 49% did not generate the required inflow due to the lower rights [in managing a company’s affairs] to the foreign partner,” Mr Nilaya Varma, co-founder and CEO of consulting firm Primus Partners, said.
Publication: Asia Insurance Review