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

Business
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CNBC Awaaz•11-12-2025, 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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