In December 2025, to what amount did the Sabka Bima Sabki Raksha Bill reduce the net-owned fund requirement for foreign reinsurance branches?
Question and options
In December 2025, to what amount did the Sabka Bima Sabki Raksha Bill reduce the net-owned fund requirement for foreign reinsurance branches?
- ₹500 crore
- ₹2,000 crore
- ₹5,000 crore
- ₹1,000 crore
Answer and explanation
Correct answer: D - ₹1,000 crore
The Bill passed on 17 December 2025 reduced the net-owned fund requirement to ₹1,000 crore. The previous requirement for foreign reinsurance branches was ₹5,000 crore.
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