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Event Brief

India Considers Lifting Foreign Ownership in Banks

New Delhi proposes raising foreign ownership cap to 49%, signaling a policy shift.
WHO: Indian Government
WHAT: Proposal to raise foreign ownership cap in state-owned banks
WHEN: Feb 2, 2026 at 5:50 AM ET
WHERE: New Delhi, India
WHY: To attract foreign investment and enhance bank capital
Sources (1): Financial Times

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