Foreign direct investment liberalization for other financial services allows full foreign ownership via automatic or government routes with regulator conditions. Foreign direct investment in Other Financial Services and NBFCs is permitted up to full ownership under the automatic route when activities are regulated by a financial sector regulator, subject to regulator- or government-imposed conditions including minimum capitalisation norms; unregulated or partly regulated activities may be allowed full foreign investment under the government approval route with conditions; statutory limits in specific Acts prevail; downstream investments remain subject to sectoral regulations and foreign exchange provisions.
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Provisions expressly mentioned in the judgment/order text.
Foreign direct investment liberalization for other financial services allows full foreign ownership via automatic or government routes with regulator conditions.
Foreign direct investment in Other Financial Services and NBFCs is permitted up to full ownership under the automatic route when activities are regulated by a financial sector regulator, subject to regulator- or government-imposed conditions including minimum capitalisation norms; unregulated or partly regulated activities may be allowed full foreign investment under the government approval route with conditions; statutory limits in specific Acts prevail; downstream investments remain subject to sectoral regulations and foreign exchange provisions.
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