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Monday, April 12, 2021
Your pension may be insecure- Govt may hike FDI limit in the pension sector to 74%-
Govt may hike FDI limit in the pension sector to 74% and a Bill in this regard is expected to come in the next Parliament session, according to sources. Last month, Parliament approved a Bill to increase FDI limit in the insurance sector from 49% to 74%. The Insurance Act, 1938 was last amended in 2015 which raised FDI limit to 49%.
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High-Level Committee Announced on Bank Mergers 🏦
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