Insurers in for lax equity cap

[IndiaInsurance]

With equity markets showing some signs of recovery, the Insurance Regulatory Development Authority (Irda) is vetting a proposal to allow all insurers raise their stakes in blue-chip companies and state-owned banks.

More... (http://economictimes.indiatimes.com/Insurers-in-for-lax-equity-cap/articleshow/4501528.cms)