https://www.taxtmi.com/news?id=4195 RBI's 2012 Directions require CICs seeking overseas investment in the financial sector to obtain a Certificate of Registration and comply with registered-CIC regulations; exempted CICs may invest abroad in non-financial sectors without RBI registration. Eligibility conditions include ANW at least 30% of aggregate risk-weighted assets, NNPA 1% of net advances, and generally three years of profit. Aggregate overseas investment is capped at 400% of owned funds and financial-sector investment at 200%; investments must be in regulated foreign entities, comply with FEMA, and satisfy reporting, audit certification and structural restrictions. en-us Thu, 06 Dec 2012 17:34:11 +0530 Wed, 11 Feb 2026 15:56:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=4195 RBI's 2012 Directions require CICs seeking overseas investment in the financial sector to obtain a Certificate of Registration and comply with registered-CIC regulations; exempted CICs may invest abroad in non-financial sectors without RBI registration. Eligibility conditions include ANW at least 30% of aggregate risk-weighted assets, NNPA 1% of net advances, and generally three years of profit. Aggregate overseas investment is capped at 400% of owned funds and financial-sector investment at 200%; investments must be in regulated foreign entities, comply with FEMA, and satisfy reporting, audit certification and structural restrictions. News - Thu, 06 Dec 2012 17:34:11 +0530 https://www.taxtmi.com/news?id=4195