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Description
On 22 February 2013, the Reserve Bank of India published the guidelines for "Licensing of New Banks in the Private Sector". The new rules restrict foreign ownership in such banks. Foreign shareholding...
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Intervention Details
Intervention Type
FDI: Entry and ownership rule
MAST Chapter
FDI measures
Implementation date
22 Feb 2013
Revocation date
No revocation date
Implementation level
National
Affected flow
Inward
Announced as temporary
No
Eligible firms
all
Affected Trading Partners
Table
Affected Sectors
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Affected Products
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