Friday, January 31, 2025

BANKING

The government has increased the FDI limit for the insurance sector from 74% to 100% in the Budget for 2025-26. This move aims to attract more foreign investment and improve domestic financial services. The Insurance Amendment Bill, intended to enable global players to independently enter the market, was supposed to be tabled during the winter session of Parliament.

from Banking/Finance-Industry-Economic Times https://ift.tt/aECoOLM
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