100% FDI allowed in insurance sector under automatic route, inflows for LIC capped at 20%
•The central government has announced 100% Foreign Direct Investment (FDI) in insurance companies via the automatic route, enabling full foreign ownership.
•This move, aligning with the Sabka Bima Sabki Raksha Act, 2025, aims to boost foreign participation, with IRDAI approval required.
•LIC remains an exception with a 20% FDI limit.
هذا الخبر من Times of India. خبر يقدم أدوات ذكاء اصطناعي للتلخيص والترجمة والاستماع.
The central government has announced 100% Foreign Direct Investment (FDI) in insurance companies via the automatic route, enabling full foreign ownership. This move, aligning with the Sabka Bima Sabki Raksha Act, 2025, aims to boost foreign participation, with IRDAI approval required. LIC remains an exception with a 20% FDI limit.المصدر: Times of India | Source: Times of India
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This article was originally published by Times of India. Khabr is a licensed Jordanian AI-powered news platform (Registration #82086). We add editorial value through: AI-powered news analysis, automated summaries, AI audio narration, multi-language translation (Arabic, English, French, Turkish), and AI fact-checking. Our mission is to make news more accessible and understandable for Arabic-speaking audiences worldwide.
