Government Notifies 100% FDI in Insurance Sector; LIC Cap Retained at 20% The government has allowed 100% FDI in domestic insurance companies under the automatic route, while retaining a 20% foreign investment cap for LIC, subject to IRDAI regulations. Read More: https://thekanal.in/en-IN/details/government-notifies-100-fdi-in-insurance-sector-lic-cap-retained-at-20-97872 #banking