Global Trade Alert
Global Trade Alert

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

Announcement

10 Aug 2016

The Indian Union Cabinet has amended the foreign investment policy in NBFCs.

Source

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Number of interventions

1

0 certainly harmful

1 likely harmful

0 liberalising

List of interventions

Implementation date

10 Aug 2016

Revocation date:

No revocation date

Updated: 10 Aug 2016
FDI: Entry and ownership rule In force

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 t...

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