Foreign investment in pension sector permitted; lower-tier stakes via automatic route, higher stakes require government approval and PFRDA registration Foreign investment in the pension sector is allowed up to a combined ceiling of forty-nine percent with an automatic route for lower-tier stakes and a government route for higher-tier stakes. Entities bringing foreign equity must obtain registration from the Pension Fund Regulatory and Development Authority and comply with the PFRDA Act and related rules. Investments that effect control or ownership transfer to non-resident entities require prior government approval in consultation with financial sector authorities, and the investee Indian pension fund company is responsible for ensuring compliance; ownership and control are as defined under FDI policy.
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Foreign investment in pension sector permitted; lower-tier stakes via automatic route, higher stakes require government approval and PFRDA registration
Foreign investment in the pension sector is allowed up to a combined ceiling of forty-nine percent with an automatic route for lower-tier stakes and a government route for higher-tier stakes. Entities bringing foreign equity must obtain registration from the Pension Fund Regulatory and Development Authority and comply with the PFRDA Act and related rules. Investments that effect control or ownership transfer to non-resident entities require prior government approval in consultation with financial sector authorities, and the investee Indian pension fund company is responsible for ensuring compliance; ownership and control are as defined under FDI policy.
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