A big-bank move is in the works. What it means for India
Published on: Feb. 3, 2026, 11:04 p.m. | Source: The Economic Times
India is set to boost foreign investment in its state-owned banks. The government plans to raise the foreign direct investment limit to 49 percent. This move aims to strengthen banks and support the nation's ambitious growth plans. Stronger banks will help finance large infrastructure and green energy projects.
