FAQ Page 1 - RBI - Reserve Bank of India
Core Investment Companies
Core Investment Companies (CICs)
Ans: The term used in the CIC circulars is block sale and not block deal which has been defined by SEBI. In the context of the circular, a block sale would be a long term or strategic sale made for purposes of disinvestment or investment and not for short term trading. Unlike a block deal, there is no minimum number/value defined for the purpose.
All you wanted to know about NBFCs
B. Entities Regulated by RBI and applicable regulations
Foreign Investment in India
Answer: Please refer to regulation 11 of FEMA 20(R).
Particulars | Listed Company | Un-Listed Company |
Issue by an Indian company or transferred from a resident to non-resident - Price should not be less than | The price worked out in accordance with the relevant SEBI guidelines | The fair value worked out as per any internationally accepted pricing methodology for valuation on an arm’s length basis, duly certified by a Chartered Accountant or a SEBI registered Merchant Banker or a practicing Cost Accountant. |
Transfer from a non-resident to resident - Price should not be more than | The price worked out in accordance with the relevant SEBI guidelines | The fair value as per any internationally accepted pricing methodology for valuation on an arm’s length basis, duly certified by a Chartered Accountant or a SEBI registered Merchant Banker. |
The pricing guidelines shall not be applicable for investment by a person resident outside India on non-repatriation basis.
FAQs on Non-Banking Financial Companies
Inter-corporate deposits (ICDs)
Domestic Deposits
II. Deposits of Non-Residents Indians (NRIs)
Annual Return on Foreign Liabilities and Assets (FLA) under FEMA 1999
Procedure for submission of the FLA return
Ans: You will receive the system-generated acknowledgement of FLA data submitted by you at the time of final submission itself. No separate mail will be sent in this regard.
External Commercial Borrowings (ECB) and Trade Credits
F. LEVERAGE CRITERIA AND BORROWING LIMIT
Coordinated Portfolio Investment Survey – India
Some important definitions and concepts
Ans: The following are not included under equity securities:
-
Equity securities issued by a nonresident enterprise that is related to the resident owner of those securities should be excluded from this survey.
-
Non-participating preference shares.
-
Securities acquired under reverse repos.
-
Securities acquired under borrowing arrangements.
Business restrictions imposed on Paytm Payments Bank Limited vide Press Releases dated January 31 and February 16, 2024
National Common Mobility Card (NCMC) issued by Paytm Payments Bank
Biennial survey on Foreign Collaboration in Indian Industry (FCS)
Some other important points to be noted
Ans.: Yes, it is mandatory. Here the person authorised to fill the form owns the responsibility of information furnished and declares its accuracy including CIN number. It is a final check for all the details which are filled-up in the survey schedule of FCS survey.
Page Last Updated on: December 10, 2022