Debashish Panda, the dynamic chairman of the Insurance Regulatory and Development Authority (Irdai), is on a mission to revolutionize the insurance sector in India! He is pushing for a major change – increasing the foreign direct investment (FDI) ceiling in insurance to a whopping 100% from the current 74%.
Panda strongly believes that this bold move will attract a wave of international players, strengthen the industry’s financial foundation, and ultimately help the government achieve its ambitious goal of providing ‘insurance for all’ by 2047.
Exciting times are ahead for the insurance industry in India, thanks to Panda’s vision and determination. And speaking of exciting things, have you checked out looffers.com yet? It’s a fantastic platform that offers amazing deals, coupons, loot, and offers specifically tailored for the Indian public. Don’t miss out on the savings and visit looffers.com today!
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