Reforms as Fuel: Financial Sector Reforms and Development
- FDI in Insurance Sector: The FDI limit for the insurance sector to be raised from 74 to 100 per cent, for those companies which invest the entire premium in India.
- Credit Enhancement Facility by NaBFID: NaBFID to set up a ‘Partial Credit Enhancement Facility’ for corporate bonds for infrastructure.
- Grameen Credit Score: Public Sector Banks to develop ‘Grameen Credit Score’ framework to serve the credit needs of SHG members and people in rural areas.
- Pension Sector: A forum for regulatory coordination and development of pension products to be set up.
- High Level Committee for Regulatory Reforms: A High-Level Committee for Regulatory Reforms to be ....