UK-based Bupa, which currently holds a 56 per cent stake in Niva Bupa Health Insurance, may consider increasing it in the future, said Krishnan Ramachandran, MD & CEO of the standalone health insurer.
This comes a week after Finance Minister Nirmala Sitharaman announced a hike in the Foreign Direct Investment (FDI) limit in the insurance sector from 74 per cent to 100 per cent in her Union Budget speech.