Quote from Rajesh Relan on Budget, Managing Director, MetLife India Insurance Company Limited

Hello,

 

Below is the quote from Rajesh Relan, Managing Director, MetLife India Insurance Company Limited on the forthcoming budget. Request you to use this quote for your budget expectations story. Thank you.

 

"We would expect the new Government at the Center to continue with the financial reforms to further liberalise the Insurance sector. The Govt. should push forward the Insurance Amendment  bill which has been pending Parliamentary approval as it will provide the much needed impetus to the sector. Increase in FDI from 26% to 49% would helpcustomers with better products, more options and better service levels from the insurance players in the industry. It would also help increase the much needed penetration levels for insurance in the country."

 

Regards,
Karthy Prasanna J
Senior PR Consultant
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