Other Key Features :

Individual Units

 

Sector	Route
	Automatic	Approval
Infrastructure and manufacturing NBFC–IFCs, NBFCs–AFCs, Holding Companies and Core Investment Companies	Upto USD 750 million	USD 750 million and above
Software development sector	Upto USD 200 million	USD 200 million and above
Micro finance activities	Upto USD 100 million	USD 100 million and above
Others	Upto USD 500 million	USD 500 million and above

 

• Above-mentioned limits are separate from the limits a allowed under the framework for issuance of rupee denominated bonds overseas.

• For computation of individual limits under Track III, exchange rate prevailing on the date of agreement nshould be taken into account .