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Private equity funds can be promoters of insurance companies with 5-year lock-in rider – Economic Times

November 30, 2017
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Economic Times
MUMBAI: The insurance regulator has cleared a proposal allowing private equity funds to become promoters of insurance companies through special purpose vehicle with a lock-in period of five years. Insurance Regulatory and Development Authority of India
Capital requirement for smaller insurance players will be taken care of: Ashvin ParekhMoneycontrol.com

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