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Description
As of 8 June 2013, foreign individuals or entities are allowed to own up to 60 per cent of the equity of a rural banks in the country. Previously, foreign banks, but not foreign individuals or entitie...
Intervention Details
Intervention Type
FDI: Entry and ownership rule
MAST Chapter
FDI measures
Implementation date
08 Jun 2013
Revocation date
No revocation date
Implementation level
National
Affected flow
Inward
Announced as temporary
No
Eligible firms
all
Affected Sectors
Affected Products
See all
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