Live Market Updates
Latest Financial News
News Feed
1 articles
Personalized
Live Market Updates
Latest Financial News
strategic
6h agoIndia plans to hike foreign investment cap in state-run banks to 49%, source says
India’s government is planning to raise the cap on direct foreign investment in state-run banks to 49% — up from the current limit of around 20% — according to a source close to policy discussions. The proposal aims to attract more foreign capital into India’s banking sector while preserving government majority ownership. Twelve large public-sector banks hold combined assets of ₹171 trillion (~US$1.95 trillion). If finalised, the move would mark one of India’s biggest open-up steps in the financial-sector reform agenda.
Explore:Mutual Fund Screening
strategic
6h agoIndia plans to hike foreign investment cap in state-run banks to 49%, source says
India’s government is planning to raise the cap on direct foreign investment in state-run banks to 49% — up from the current limit of around 20% — according to a source close to policy discussions. The proposal aims to attract more foreign capital into India’s banking sector while preserving government majority ownership. Twelve large public-sector banks hold combined assets of ₹171 trillion (~US$1.95 trillion). If finalised, the move would mark one of India’s biggest open-up steps in the financial-sector reform agenda.
Explore:Mutual Fund Screening
strategic
India plans to hike foreign investment cap in state-run banks to 49%, source says
about 7 hours ago
1 min read
81 words
India may raise foreign-investment cap in state banks to 49% to attract more overseas capital while retaining government control.
India’s government is planning to raise the cap on direct foreign investment in state-run banks to 49% — up from the current limit of around 20% — according to a source close to policy discussions. The proposal aims to attract more foreign capital into India’s banking sector while preserving government majority ownership. Twelve large public-sector banks hold combined assets of ₹171 trillion (~US$1.95 trillion). If finalised, the move would mark one of India’s biggest open-up steps in the financial-sector reform agenda.
India’s government is planning to raise the cap on direct foreign investment in state-run banks to 49% — up from the current limit of around 20% — according to a source close to policy discussions. The proposal aims to attract more foreign capital into India’s banking sector while preserving government majority ownership. Twelve large public-sector banks hold combined assets of ₹171 trillion (~US$1.95 trillion). If finalised, the move would mark one of India’s biggest open-up steps in the financial-sector reform agenda.
Tags:
economy
India
economy
India
finance reform
banking
foreign investment
Oct 29, 2025 • 21:31 IST