India’s government is weighing raising the foreign direct investment cap in publicly owned banks to 49 per cent from 20 per cent, in a move that would mark a significant step in the opening of the ...

By Nikunj Ohri NEW DELHI, Feb 2 (Reuters) - The Indian government is holding inter-ministerial consultations to raise the limit on foreign direct investment in state-run banks to 49% from 20%, India's ...

The Indian government is actively conducting inter-ministerial discussions to increase the foreign direct investment (FDI) ...

Investors are spooked by an order on a 2018 stake sale and fear it could open up old transactions to tax scrutiny.

There will also be a comprehensive review of non-debt instruments rules under the Foreign Exchange Management Act (FEMA) to ...

Budget 2026 raises PIS limits, allowing NRIs and overseas investors larger stakes in Indian companies, boosting market depth, ...

India is considering allowing foreigners to own as much as 49 per cent stake in its state-run banks as policymakers look to bolster capital at these lenders to fund growth, without entirely giving up ...

A higher foreign limit could potentially drive up operational efficiency in public sector banks.

The government is looking to update India’s foreign exchange framework to reflect a more open, growth-oriented approach that ...

The Union Budget has set the stage for a major reset of India's foreign investment policy. Finance Minister Nirmala ...