India Lifts Investment Caps for Foreign Pension Ownership

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India Lifts Investment Caps for Foreign Pension Ownership

India is shaking things up by lifting investment caps in insurance and pensions! The PFRDA is rolling out the welcome mat for 100% foreign ownership, aiming to attract global cash and boost retirement savings for everyday folks. With foreign investors keen on Indian pension firms, it’s a promising future ahead, but don’t celebrate just yet—the bill still needs the President’s approval!

| Bloomberg