FDI in White Label ATM Operations: full foreign ownership under automatic route, subject to net worth requirement and RBI conditions. Permits 100% FDI in White Labelled ATM Operations under the automatic route, subject to a minimum net worth of Rs. 100 crore to be maintained at all times, compliance with NBFC minimum capitalization norms where the entity carries out other NBFC activities, and adherence to RBI criteria and guidelines issued by the specified RBI circular; decision effective immediately.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
FDI in White Label ATM Operations: full foreign ownership under automatic route, subject to net worth requirement and RBI conditions.
Permits 100% FDI in White Labelled ATM Operations under the automatic route, subject to a minimum net worth of Rs. 100 crore to be maintained at all times, compliance with NBFC minimum capitalization norms where the entity carries out other NBFC activities, and adherence to RBI criteria and guidelines issued by the specified RBI circular; decision effective immediately.
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