Foreign equity allocation in private banks permits multilateral institutions to fill NRI contribution shortfalls within the overall foreign limit. Foreign direct investment from foreign banking or finance companies and technical collaborators is permitted subject to a specified cap; NRI equity participation is allowed up to the overall foreign equity ceiling and is inclusive of other foreign investors. To ensure the overall foreign equity ceiling is reached, multilateral financial institutions may subscribe foreign equity to cover any shortfall in NRI contributions, so long as the aggregate foreign equity remains within the overall permitted limit.