The insurance sector is seeking clarity on the 'Indian management control' clause.
Inflow of more funds is likely to widen the reach of insurance and drive M&A activities in the sector where growth has stalled.
Banks are expected to cut lending rates from April 1.
Bupa and Axa have already declared their intention to raise stakes.
Bharti will move FIPB soon for increasing Axa's stake to 49%
The GST to be implemented from April 1, 2016, will increase the premiums.
Move to shift powers from RBI without discussions baffles many
Prominent recruiters were Flipkart, Urban Ladder, AskmeBazaar etc
Aditya Puri thinks the government is on track.
Union Bank of India, United Bank of India reduced base rates.
Meru Cabs' founder says they were a traditional company.
The post of chairman and managing director has been split and the government has appointed managing directors and chief executive officers in four banks -- Indian Overseas Bank, United Bank of India, Oriental Bank of Commerce and Vijaya Bank.
Some leading private and foreign banks in the country have started checking scores of credit information companies such as Credit Information Bureau Ltd as part of their pre-employment screening process.
In the policy banks, the government can have 100 per cent stake, McKinsey said.
The meeting will be attended by all heads and EDs of public sector banks
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2014 made a lot of promises; can the new year deliver?
The banking sector is set to move at a fast pace from hereon.
The EB-5 Programme has been in effect since 1990 as an opportunity for the immigrant and their family to obtain permanent residency to the US.
Experts hail 2014 as the worst year for banks.
The new Insurance Bill may take little time to see light of teh day.
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