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Global Trade Alert

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India: Policy for FDI in Non-Bank Finance Companies amended

Description

On 10 August 2016, the Indian Union Cabinet announced via a Press Release an amended policy for foreign investments in Non-Banking Finance Companies (NBFCs). FDI was allowed in such NBFCs up to a 100%...

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Intervention Details

Intervention Type

FDI: Entry and ownership rule

MAST Chapter

FDI measures

Implementation date

10 Aug 2016

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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