Liberalisation of the existing norms for foreign investment in the NBFC sector

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Full Text of the Document

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....norms for foreign investment in the NBFC sector In pursuance of the Government's commitment to liberalise the FDI regime, it has been decided to further liberalise the FDI guidelines in respect of NBFC sector as under : (a) The existing requirements to bring in capital would continue to be applicable. That is, if the (i)  FDI is less than 51%, US$ 0.5 million to be brought ....