IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 06 Sep 2013 | Removal date: open ended
Still in force

FDI: Entry and ownership rule

On 6 September 2013, the Reserve Bank of India amended the rules of its FDI scheme. The amendment permits non-residents of any nationality to acquire shares of listed Indian companies on recognised stock exchange under certain conditions.
 
Previously, only foreign institutional investors, "Qualified Foreign Investors" and non-resident Indians were eligible to acquire shares on the recognised stock exchanges.

AFFECTED COUNTRIES

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