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

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..... ATM Operations under automatic 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 Compan .....

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..... teria and guidelines issued by RBI vide Circular No. DPSS CO PD No 2298/02 10 002/2011-2012 as amended from time to time 2. The above decision will take immediate effect. (Atul Chaturvedi) Joint Secretary to the Government of India - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management India - taxmanagementindia - taxmanagement .....

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