Investment in Financial Services Sector

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..... ue of Any Foreign Security) Regulations, 2000 - Act-Rules - Has been superseded vide Notification No. 120/2004 dated 7/7/2004 7. Investment in Financial Services Sector (1) Subject to the Regulations .....

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..... financial services activities; (iii) has a minimum net worth of Rs.15 crores as on the date of the last audited balance sheet; and (iv) has fulfilled the prudential norms relating to capital adequacy .....

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