Can NRIs invest in non-convertible debentures on repatriation basis?
Yes. NRIs can invest in Non-convertible debentures on repatriation basis, subject to the conditions laid down in Regulation 5 of Notification No.4/2000-RB dated 3rd May 2000. Top • What is the procedure to be followed for making investment in the schemes of domestic Mutual Funds or public sector bonds with repatriation benefits? NRIs who makes investment in domestic Mutual Funds or Public Sector Bonds, with repatriation benefits shall make payment either by inward remittance through normal banking channels or out of funds held in NRE/FCNR account. Top • Can NRIs invest in 100% Export Oriented Units on repatriation basis? Yes. NRIs can invest in 100% Export Oriented Units on repatriation basis, provided such investment is within the sectoral ceilings prescribed in Annexure B to Notification FEMA 20/2000 RB dated 3rd May 2000. Top • Can NRIs acquire shares disinvested by Government of India in Public Sector Enterprises (PSEs) by inviting sealed tenders? Yes. Sale of shares by Public Sect
