Announcement
06 May 2016
Foreign investments in Asset Reconstruction Companies allowed without requiring prior government approval.
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Number of interventions
1
0 certainly harmful
0 likely harmful
1 liberalising
List of interventions
1 in force
Implementation date
06 May 2016
Revocation date:
No revocation date
FDI: Entry and ownership rule
In force
On 6 May 2016, the Indian Ministry of Commerce and Industry through Press Note 4 (2016) amended the FDI policy to allow investments by FDIs and FIIs in Asset Reconstruction Companies (ARCs) up to 100%...
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