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: 08 Jun 2013 | Removal date: open ended
Still in force

FDI: Entry and ownership rule

As of 8 June 2013, foreign individuals or entities are allowed to own up to 60 per cent of the equity of a rural banks in the country. Previously, foreign banks, but not foreign individuals or entities, were entitled to possess equity in rural banks.

AFFECTED COUNTRIES

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