Can one Indian company make investment in a JV/WOS abroad which will be engaged in the financial services sector ?

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Can one Indian company make investment in a JV/WOS abroad which will be engaged in the financial services sector ?

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• Yes, an Indian Company can make investment in the financial services sector provided it fulfills the following norms besides complying with the parameters indicated at Answers to the Question Nos. 14 and 28.

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