Financial commitment beyond equity requires ODI eligibility, existing ODI and control; debt and non-fund commitments remain within prescribed limits. Financial commitment by an Indian entity through lending, debt instrument investment, or non-fund based commitments to or for a foreign entity is ... Summary
Financial commitment beyond equity requires ODI eligibility, existing ODI and control; debt and non-fund commitments remain within prescribed limits.
Financial commitment by an Indian entity through lending, debt instrument investment, or non-fund based commitments to or for a foreign entity is permitted within the prescribed limit. The Indian entity must be eligible to make Overseas Direct Investment, must have made such investment in the foreign entity, and must have acquired control of that entity when making the commitment. Relevant financial commitments are reckoned towards the applicable financial commitment limit.
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