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Description
On 22 August 2023, the Insurance Regulatory and Development Authority of India reduced the minimum capital requirement for branches of foreign reinsurers from INR 100 crore to INR 50 crore (USD 12.10 ...
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Intervention Details
Intervention Type
FDI: Entry and ownership rule
MAST Chapter
FDI measures
Implementation date
23 Aug 2023
Revocation date
No revocation date
Implementation level
National
Affected flow
Inward
Announced as temporary
No
Eligible firms
all
Affected Trading Partners
Table
Affected Sectors
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Affected Products
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