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Topic : banking & insurance industry
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Created by : Nirav Trivedi, CS Executive Programme, ICSI...  | 07 16 2010 12:41:56 +0000
Industry : BankingFunctional Area : India(Markets)
Keywords : banking insurance nbfc
Activity:  138 views;  last activity : 07 22 2010 09:06:51 +0000

Should ICICI and HDFC worry in making downstream investments in Insurance and NBFC because they are foreign owned indian controlled private sector banks? 

 
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I think they should not worry because insurance has been kept out of new FDI rules that changed the status of these banks (to foreign owned and indian controlled) and 100% FDI is permitted in NBFC.


By Nirav Trivedi, CS Executive Programme, ICSI...  | 07 16 2010 12:41:56 +0000
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