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<h1>India Allows 100% FDI in Regulated Financial Services via Automatic Route; Unregulated Services Need Approval.</h1> The Government of India has liberalized its Foreign Direct Investment (FDI) policy for Other Financial Services and Non-Banking Finance Companies (NBFCs). The revised policy allows 100% FDI in financial services activities regulated by financial sector regulators such as RBI, SEBI, IRDA, PFRDA, NHB, or any other notified regulator through the automatic route. Foreign investments in unregulated financial services or partially regulated services require government approval and must meet specific conditions, including minimum capitalization norms. Activities regulated by a specific Act will adhere to foreign investment limits specified in that Act. These changes are effective immediately.