Foreign investment in India: updated sectoral caps, entry routes, conditions and prohibited sectors specified under revised FEMA annexes. The Reserve Bank aligned Annex A and Annex B of Schedule 1 to the FEMA Regulations with the Government's Consolidated FDI Policy: Annex A lists sectors where FDI is prohibited; Annex B prescribes sector specific FDI caps, entry routes (Automatic or Government) and operative conditions, including minimum capitalization, divestment and sourcing requirements, lock in periods, security and licensing conditions. AD Category I banks are to inform constituents; amendments to FEMA regulations will be issued separately; directions are issued under the Foreign Exchange Management Act without prejudice to other statutory permissions.