<h1>India Eases Foreign Investment Rules for NBFCs, Removes Minimum Capitalization, Aligns with RBI and SEBI Regulations.</h1> The Union Cabinet, led by the Prime Minister, approved amendments to regulations for foreign investment in Non-Banking Finance Companies (NBFCs), allowing automatic foreign investment in Other Financial Services regulated by financial sector regulators like RBI and SEBI. For services not regulated, investment will proceed through the approval route. The changes eliminate minimum capitalization norms under the FDI policy, as regulators have set their own requirements. This decision aims to boost foreign direct investment and stimulate economic activity across India, aligning with the Finance Minister's earlier budget announcement to expand FDI beyond 18 specified NBFC activities.