BANKING AWARENESS-BIO METRIC ATM'S
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| TAKING ATMS: The specially designed Automated Teller Machine (ATM) which can be operated independently by a visually impaired person, know as ‘Talking ATM’.
FOREIGN DIRECT INVESTMENT(FDI) Limit in India All Sector
Present Foreign Direct Investment (FDI) Limits in India. Sector-wise FDI ceiling/ limits in India. FDI or Foreign Direct Investment means net inflows of investment to acquire a lasting management interest in an enterprise operating in an economy other than that of the investor.
Here is the list of FDI limit of All Sectors:
Hotels and Tourism, Roads and Highway, Education, Advertisement, Farm sector, Petro Chemical ,
Pharmaceuticals, Coal and Lignite – 100%
FDI in Multi Brand retail:
Al lowed FDI in Multi brand retail - 51%
FDI in Single Brand retail:
Al lowed FDI in Single brand retail - 100%
FDI in Courier Service:
Al lowed FDI in Courier Service – 100%
FDI in Telecom Sector:
Al lowed FDI in Telecom – 100%
FDI in Asset Reconstruction Sector:
Al lowed FDI in Asset Reconstruction – 100%
FDI in Power Exchanges:
Al lowed FDI in Power Exchanges – 49%
FDI in Petroleum Refining:
Al lowed FDI in Petroleum Refining – 49%
FDI in Civil Aviation sector: Allowed FDI in Civil Aviation – 49%
The Civi l Aviation sector includes Ai rports, Scheduled and Non-Scheduled domestic passenger airlines,
Hel icopter services / Seaplane services, Ground Handling Services, Maintenance and Repair organizations;Flying training institutes; and Technical training institutions.
FDI In Insurance Sector: Allowed FDI in Insurance Sector – 49%
FDI in the Insurance sector, as prescribed in the Insurance Act, 1999, is al lowed under the automatic route.
FDI in Defense Sector:
Allowed FDI in Defense Sector – 26%
FDI in defense industry subject to Industrial license under the Industries (Development and Regulation) Act 1951 would be al lowed up to 26% through government approval route.
FDI in Print Media:
Allowed FDI in Print Media – 26%
Publishing of Newspaper and periodicals dealing with news and current affairs- 26%. Publication of Indian editions of foreign magazines dealing with news and current affairs- 26% .
FDI in Broadcasting Sector:
FM Radio Stations 20%
Cable Network 49%
Direct –to-Home (d2h) Services – 49%
FDI limit in Headend-In-The-Sky (HITS) Broadcasting Service – 74% (total direct and indirect foreign
investment including portfolio and FDI) Automatic upto 49% Government route beyond 49% and up to
74%.Setting up hardware facilities such as up-linking, HUB etc. – 49%
FDI in Agriculture Sector:
FDI up to 100% is permitted, under the automatic route, subject to certain condi tions mentioned in
Consol idated FDI Pol icy, in the fol lowing agricultural activities: Floriculture, Horticulture, Apiculture and
Cultivation of Vegetables & Mushrooms under control led conditions; Development and production of
Seeds and planting material ; Animal Husbandry (including breeding of dogs), Piscicuture, Aquaculture,
under control led conditions; and Services related to agro and allied sectors.100% FDI is also permitted in tea sector.
Tea plantation – 49%
Besides the above, FDI is not allowed in any other agricultural sector/ activity.
FDI In Credit Information Companies:
Allowed FDI in Credit Information Companies – 74%
FDI in Stock Exchanges, Depositors:
Allowed FDI in Stock Exchanges, depositors – 49%
FDI In Banking Sector in India:
New Bank (After August, 2011) – 49%
Allowed FDI in Private Sector Banks- 74%.
FDI in private banking sector of India is allowed up to 74% where FDI up to 49% is allowed through automatic route and FDI beyond 49% but up to 74% is allowed through government approval route.
Allowed FDI in Public Sector Banks- 49%.
Limit for FDI in public sector banks In the case of nationalized banks as well as SBI and its associate banks, the overall statutory limit of 20 per cent as FDI and portfolio investment will continue.
FOREIGN INSTITUTIONAL INVESTOR (FII) – Important Points, Short Notes about FII
Foreign Institutional Investor (FII) means “an institution established or incorporated outside India which proposes to make investment in India in securities, real property and other investment assets”. In India Foreign Institutional Investor (FII) refers to outside companies investing in the Indian Financial Markets.India opened i ts stock market to Foreign Institutional Investors (FII) in September 1992. Since 1993, India
received portfolio investment from foreigners in the form of Foreign Institutional Investment (FII) in equi ties.In order to trade in Indian equi ty market, all Foreign Insti tutional Investors (FII) must register wi th the Securi ties and Exchange Board of India (SEBI) which is the regulator for the securi ties market in India.
One who propose to invest their proprietary funds or on behalf of “broad based” funds or of foreign corporates and individuals and belong to any of the under given categories can be registered for FII.
*Pension Funds
*Mutual Funds
*Investment Trust
*Insurance or reinsurance companies
*Endowment Funds
*University Funds
*Foundations or Charitable Trusts or Charitable Societies who propose to invest on
*thei r own behalf, and
*Asset Management Companies
*Nominee Companies
*Institutional Portfolio Managers
*Trustees
*Power of Attorney Holders
*Bank
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