Overseas investments by registered trusts and societies allowed in same sector with prior central bank approval. Registered trusts and societies operating in manufacturing, education, and certain hospital activities may invest abroad in the same sectors through a ... Summary
Overseas investments by registered trusts and societies allowed in same sector with prior central bank approval.
Registered trusts and societies operating in manufacturing, education, and certain hospital activities may invest abroad in the same sectors through a joint venture or wholly owned subsidiary, provided they satisfy Schedule III eligibility criteria and obtain prior approval from the central bank.
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