India’s Modi courts Canadian banks, insurers, pension funds

economy2_bccl(Reuters) – Top executives at Canada’s largest banks, insurers and pension funds sounded a bullish over investing in India after meeting Prime Minister Narendra Modi, who is making the first bilateral visit to Canada by an Indian premier for 42 years.

He said that he understood the need for consistency in regulation and that India has learnt from its past missteps.

The message resonated with Canadian business heads, some of whose firms have already lined up, or raised funds to invest in India following Modi’s election victory last year.

Read more at: http://www.reuters.com/article/2015/04/17/india-canada-modi-idUSL2N0XE00920150417

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