cryptohunter
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India has rules about how much foreign ownership and investment can happen in electronic money institutions. This rules are there to make sure the government can keep an eye on things and protect the country's interests.
The RBI decides how much foreign investment can happen in the payment systems sector, which includes electronic money institutions. They review these limits regularly, and the limis may change based on the type of payment system.
If a company wants foreign investment or ownership in electronic money institutions, they have to follow these limits and get approval from the RBI. The RBI looks at things like the investor's reputation, the type of investment, and how it might affect the stability of the financial system.
The RBI decides how much foreign investment can happen in the payment systems sector, which includes electronic money institutions. They review these limits regularly, and the limis may change based on the type of payment system.
If a company wants foreign investment or ownership in electronic money institutions, they have to follow these limits and get approval from the RBI. The RBI looks at things like the investor's reputation, the type of investment, and how it might affect the stability of the financial system.
