Govt notifies 100% foreign ownership in insurance; inflows in LIC capped at 20% – The Tribune
In a move expected to significantly deepen the flow of global capital into one of India's most under-penetrated financial sectors, the Centre on Saturday formally notified 100 per cent foreign direct investment in Indian insurance companies through the automatic route. The decision has been formalised by way of the Foreign Exchange Management (non-debt Instruments) (Second Amendment) Rules, 2026, published in…
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