Setting up of step down (operating) subsidiaries by NBFCs having ...
FEMA
October 3, 2012
Setting up of step down (operating) subsidiaries by NBFCs having foreign investment above 75% and below 100% and with a minimum capitalisation of US$ 50 million - amendment of paragraph 6.2.24.2 (1) (iv) of 'Circular 1 of 2012- Consolidated FDI Policy' - FDI GUIDELINES
View Source