Quantcast
Channel: ABC Live India
Viewing all articles
Browse latest Browse all 2683

RBI Issues Revised Directions FDI + FII Limits in Credit Information Companies

$
0
0
Mumbai (ABC Live): At present, investments, directly or indirectly by any person, whether resident or otherwise are limited to 10% of the equity capital of a Credit Information Company (CIC). However, an investment under FDI was permitted up to 49% subject to the conditions stipulated in the directive DBOD.DL.BC.No.85/20.16.040/2008-09 and Press Release dated November 20, ...

Viewing all articles
Browse latest Browse all 2683

Trending Articles