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of <h1>India Eases FDI Rules for NBFCs: 100% Foreign Subsidiaries Allowed, Automatic Route with RBI Guidelines.</h1> The Government of India has revised the foreign direct investment (FDI) guidelines for the non-banking financial company (NBFC) sector to further liberalize the FDI regime. The requirements for capital inflow remain, with specified amounts based on the percentage of FDI. Foreign investors can establish 100% operating subsidiaries without needing to disinvest to Indian entities, provided they bring in US$ 50 million. Joint ventures with up to 75% foreign investment can set up additional subsidiaries, adhering to capital inflow guidelines. FDI in the NBFC sector is now on the automatic route, subject to Reserve Bank of India guidelines. Previous press notes on FDI in the NBFC sector are modified accordingly.
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