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Global Trade Alert

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India: Minimum capital requirement prescribed for FDI in unregulated financial services

Description

On 16 April 2018, the Ministry of Finance through a Press Release prescribed the minimum capital requirements for "Other Financial Services" which are unregulated by any financial sector regulator and...

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Intervention Details

Intervention Type

FDI: Entry and ownership rule

MAST Chapter

FDI measures

Implementation date

16 Apr 2018

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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