Who are the eligible clients that various intermediaries within the IFSC can offer financial services to?
Capital market intermediaries can provide financial services to the following categories of clients:
- Non-resident individuals
- Non-resident Indians
- Financial institutions based in India that are eligible under FEMA to invest funds abroad, within the limits set by the Reserve Bank of India's Liberalized Remittance Scheme, subject to the minimum investment specified by the Board.
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