इंश्योरेंस
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CNBC Awaaz11-12-2025, 15:35

Insurance Amendment Bill: Cabinet likely to greenlight 100% FDI.

  • Cabinet likely to approve Insurance Amendment Bill on December 12, 2025.
  • The bill proposes increasing the FDI limit in the insurance sector from 74% to 100%.
  • Other changes include reducing paid-up capital limits, introducing composite licenses, and strengthening the regulatory framework.
  • Amendments will be made to the Insurance Act, LIC Act, and IRDA Act.
  • LIC Act changes aim to empower its board for operational decisions like branch expansion and recruitment.

Why It Matters: Cabinet may approve Insurance Amendment Bill, increasing FDI to 100% for more capital.

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