cryptohunter
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The RBI has rules about who can invest in electronic money institutions in India. They do this to make sure the financial system stays stable and secure.
Usually, banks, non-banking financial companies (NBFCs), and other entities approved by the RBI can invest in these institutions. The RBI sets specific criteria for investors to make sure it aligns with their goal of protecting consumers and keeping electronic money systems strong.
When it comes to foreign investment, there are rules too. The RBI watches closely to make sure there's not too much foreign ownership, and they regulate it to make sure it doesn't cause problems for the country's financial stability.
Usually, banks, non-banking financial companies (NBFCs), and other entities approved by the RBI can invest in these institutions. The RBI sets specific criteria for investors to make sure it aligns with their goal of protecting consumers and keeping electronic money systems strong.
When it comes to foreign investment, there are rules too. The RBI watches closely to make sure there's not too much foreign ownership, and they regulate it to make sure it doesn't cause problems for the country's financial stability.
