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  RBI makes changes in framework for reclassification of FPI to FDI | Check new norms

  Business | November 11, 2024 15:59 IST

  The Reserve Bank of India (RBI) issued an operational framework for reclassification of foreign portfolio investment by FPI to FDI.

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  Government not to move Insurance Amendment Bill in RS today

  Politics | August 04, 2014 8:26 IST

  New Delhi: The National Democratic Alliance (NDA) government's first major reform initiative the Insurance Laws (Amendment) Bill will not be taken up for discussion in the Rajya Sabha on Monday.Parliamentary Affairs Minister M Venkaiah Naidu

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  Axis Bank to be foreign-owned after hike in foreign investment cap

  November 17, 2013 16:04 IST

  New Delhi: Axis Bank will become a “foreign-owned” lender, to be governed by FDI policy, following the go-head to its proposed increase in foreign investment holding to 62 per cent, entailing inflow of over Rs