Investor Presentaiton
Foreign investment in Other Financial Services (October 20,2016)
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ā Foreign investment up to 100% is allowed under the automatic route in 'Other
Financial Services'.
Other Financial Services will include activities which are regulated by any financial
sector regulator viz. RBI, SEBI, IRDA, PFRDA(Pension Fund Regulatory and
Development Authority), NHB or any other financial sector regulator.
Such foreign investment shall be subject to conditionalities, including minimum
capitalisation norms, as specified by the concerned Regulator/ Government Agency.
In financial services activities which are not regulated or partly regulated by any
financial sector regulator or where there is lack of clarity regarding regulatory
oversight, foreign investment will be allowed up to 100% under the Government
approval route.
Foreign investment in an activity which is specifically regulated by an Act, will be
restricted to foreign investment levels/limits, if any, specified in that Act.
Downstream investment by any entity engaged in 'Other Financial Services" will be
subject to extant sectoral regulations and provisions of Principal Regulations.View entire presentation