The government is working on a plan that will allow state-run financial institutions to bundle insurance products with bond offerings to make them more attractive for foreign investors. Senior government officials told ET that the move was initiated following the good response to State Bank of India’s overseas bonds sale. The nation’s largest lender last month raised $1.25 billion (about 7,000 crore) from an overseas dollar-denominated bond sale.
http://economictimes.indiatimes.com/personal-finance/insurance/insurance-news/soon-govt-financial-institutions-may-bundle-insurance-with-bonds/articleshow/15398105.cms
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