Foreign investment in NBFC Sector under the Foreign Direct Investment (FDI) Scheme - Clarification .

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.... (FDI) Scheme - Clarification Attention of Authorised Dealers Category - I (AD Category - I) banks is invited to A.P. (Dir Series) Circular No.121 dated May 8, 2012. 2. The Reserve Bank of India has been receiving requests for clarifications as to whether 'operating leases' would not be permissible in terms of para 3 of the circular ibid. 3. It is clarified that the activity 'leasing and ....