Cabinet approves Bill to hike FDI in insurance sector to 100%
Finance Minister Nirmala Sitharaman, in this year’s Budget speech, proposed to raise the foreign investment limit to 100% from the existing 74% in the insurance sector as part of new-generation financial sector reforms. File | Photo Credit: PTI The Union Cabinet on Friday (December 12, 2025) approved a bill to raise foreign direct investment in […]
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