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    • Insurance Kotak’s insurance venture runs into FIPB hurdle

    Kotak’s insurance venture runs into FIPB hurdle

    Source: Economic Times Jun 5, 2015

    Kotak Mahindra Banks plans to launch a general insurance venture and increase its foreign ownership to 55 per cent may be delayed as the government deliberates on the implications of its recent directive on foreign ownership of insurance companies.

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