Foreign investment in Commodity Exchanges - Amendment to the Foreign Direct Investment Scheme

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Full Text of the Document

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.... - I (AD Category - I) banks is invited to Schedule I to Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2000, notified vide FEMA Notification No.20/2000-RB dated May 3, 2000, as amended from time to time. 2. It has been decided in consultation with Government of India to allow foreign investment in Commodity Exchanges subject to the fol....