Reliance Capital Pinning Hopes On More FDI Once Insurance Bill Becomes An Actl
- 9 years ago
Insurance companies are hopeful that the Insurance Bill amendments will survive the final test on the floor of Rajya Sabha. Sam Ghosh - the Chief Executive Officer at Reliance Capital told ET NOW that the company is in talks with foreign partners to sell stake and the wait is just for the bill to become a law. He says Nippon may hike stake in life insurance business post new law.