Non Banking Financial Company NBFC

Cabinet Liberalises Foreign Investment Norms For NBFC Sector: Expanding the list of non-banking financial companies which can attract foreign direct investment, the Cabinet on Wednesday permitted foreign investment through the automatic route in “other financial services”, if they are under regulators like the Reserve Bank of India and market regulator Securities and Exchange Board of Read More →

Non Banking Financial Company NBFC

FDI in Non-Banking Finance Companies (NBFC) is allowed up to 100% under the automatic route in only the following activities: Merchant Banking Under Writing Portfolio Management Services Investment Advisory Services Financial Consultancy Stock Broking Asset Management Venture Capital Custodian Services Factoring Credit Rating Agencies Leasing & Finance Housing Finance Forex Broking Credit Card Business Money Read More →

Foreign Direct Investment FDI

India’s Outward Foreign Direct Investment (OFDI) dropped to $1.85 billion in the month of February 2016 as against $2.92 billion in the same month of last year. According do the data provided by the Reserve Bank of India (RBI), outward investments in equity, loan and guaranteed issue stood at $471.5 million, $252.8 million and 1.12 Read More →

start-ups

The Reserve Bank of India (RBI) recently relaxed several rules including foreign direct investment norms to boost start-up activity in the country. To begin with, start-ups are allowed to receive foreign venture capital investment irrespective of the sector in which they operate. The new norms will enable transfer of shares from foreign venture capital investors Read More →