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Foreign Direct Investment (FDI) upto 100% in White Label ATM Operations under automatic route.

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Full Text of the Document

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....ic route. The Government of India has reviewed the extant FDI Policy and decided to allow Foreign Investment up to 100% in White Lable ATM Operations, under the automatic route. Accordingly, a new sub-para 6.2.18.8.3 in the paragraph 6.2.18.8 of the of the Consolidated FDI Policy Circular is added in the following g Manner - 6.2.18.8 Non-Banking Finance Companies (NBFC) Sector/Activity % Equit....

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