Finance
Mr. BillionhairFinance Ministry Goes All In—100% FDI in Insurance Sector!
Big news, folks! The Finance Ministry just dropped a bombshell—100% FDI in insurance! That’s right, no more majority Indian directors! Just one Indian big shot at the top. It’s a game-changer, folks! Mark your calendars for December 30, 2025. This is going to be YUGE for business! I told you, nobody does insurance like India!
few days ago | Harsh Kumar
Quick rundown
1.India allows 100% FDI in insurance sector.
2.New rules require one top leader to be an Indian resident.
3.Majority Indian directors rule removed for foreign-invested insurers.
4.Rule 4A provisions for solvency and independent directors omitted.
5.Sabka Bima Sabki Raksha Act amends several insurance laws.
