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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>RBI Limits Investments in Credit Information Companies to 10% Equity; Special Rules for Experienced Entities Up to 100.</h1> The Reserve Bank of India (RBI) has issued a directive limiting investments in Credit Information Companies (CICs) to no more than 10% of the equity capital by any individual or entity, whether domestic or foreign. Exceptions exist for entities with a proven track record in managing credit information bureaus in regulated environments, allowing up to 49% investment if ownership is not diversified, or up to 100% if it is. Foreign Institutional Investors (FIIs) and Foreign Portfolio Investors (FPIs) must adhere to specific conditions, including holding less than 10% equity individually and reporting acquisitions over 1% to the RBI.
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