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 Jun 2014 | Removal date: open ended
Still in force

FDI: Entry and ownership rule

 On 6 June 2014, the Reserve Bank of India (RBI) allowed Foreign Institutional Investors (FIIs), Qualified Foreign Investors (QFIs) deemed as registered Foreign Portfolio investors, registered Foreign Portfolio Investors (FPIs) and long term investors registered with the Securities and Exchange Board of India (SEBI) to invest on a repatriation basis in non-convertible/redeemable preference shares or debentures issued by an Indian company from its general reserve and listed on a recognized stock exchange in India.
 
Furthermore, non-resident Indians are also allowed to invest in such securities on both a repatriation or non-repatriation basis.

AFFECTED COUNTRIES

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