Investment by Indian Party engaged in Financial Services Sector

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..... s in Part I, an Indian Party engaged in financial services sector in India may make investment in an entity outside India: Provided that the Indian party (i) has earned net profit during the preceding three financial years from the financial services activities; (ii) is registered with the regulatory authority in India for conducting the financial services activities; (iii) has obtained approval f .....

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..... ake investment in an entity outside India engaged in financial services activities: Provided that the Indian party i. has earned net profit during the preceding three financial years from the financial services activities; ii. is registered with the regulatory authority in India for conducting the financial services activities; iii. has obtained approval from the concerned regulatory authorities b .....

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