State-run bank IDBI has decided to form a life insurance joint venture with Netherland's Fortis Insurance International NV, the bank said on Monday.
It did not give further details.
The government allows 26 per cent foreign holding in insurance ventures.
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Follow India news real-time updates and the latest news covered on Hindustan Times, featuring today's critical updates on Sonam Wangchuk LIVE and more across India.
Follow India news real-time updates and the latest news covered on Hindustan Times, featuring today's critical updates on Sonam Wangchuk LIVE and more across India.
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