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

FEMA - Press Note No. 11 (2015 series) - Dated:- 1-10-2015 - Government of India Ministry of Commerce and Industry Department of Industry Policy & Promotion Press Note No. 11 (2015 series) Subject : The Government of India has reviewed the extant .....

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ollowing g Manner - 6.2.18.8 Non-Banking Finance Companies (NBFC) Sector/Activity % Equity/Foreign Investment Cap Entry Route 6.2.18.8.3 White Labelled ATM Operations 100% Automatic Any non-bank entity intending to sep up WLAs should have a minimum n .....

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