Automatic route access extended to international financial institutions for equity investments, subject to securities, banking regulations and sectoral caps. The press note exempts recognised international financial institutions acquiring equity stakes without technical or trademark collaboration from the restriction in Press Note No. 18, permitting such investments via the automatic route subject to SEBI and RBI regulations and sectoral FDI caps.
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Provisions expressly mentioned in the judgment/order text.
Automatic route access extended to international financial institutions for equity investments, subject to securities, banking regulations and sectoral caps.
The press note exempts recognised international financial institutions acquiring equity stakes without technical or trademark collaboration from the restriction in Press Note No. 18, permitting such investments via the automatic route subject to SEBI and RBI regulations and sectoral FDI caps.
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