InsurancePre-market
Parliament to consider insurance and insolvency bills in winter session
pre-market1 source ↓written by the desknot a recommendation
- 1 to 19 Dec 2023
- in the insurance
- 100% FDI
The upcoming Winter session of Parliament, from 1 to 19 Dec 2023, may see the passage of key economic reforms. Notably, the Insurance (Amendment) Bill aims to allow 100% FDI in the insurance sector, while amendments to the Insolvency and Bankruptcy Code will introduce creditor-led mechanisms.
These reforms could significantly impact the Insurance sector by attracting foreign investment and enhancing the insolvency resolution process, potentially boosting market sentiment.
Not investment advice. For informational purposes only.