Announcement
03 Oct 2012
The foreign ownership limit for NBFC's to open step-down subsidiaries has been liberalised.
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Number of interventions
1
0 certainly harmful
0 likely harmful
1 liberalising
List of interventions
Implementation date
03 Oct 2012
Revocation date:
No revocation date
Updated: 03 Oct 2012
FDI: Treatment and operations, nes
In force
On 3 October 2012, the Department of Industrial Policy & Promotion through Press Note 9 (2012 Series) allowed Non-Banking Finance Companies having foreign investments of 75% to 100% and a capit...
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