Department of Economic Affairs disposes six (6) FDI proposals ag…

S. No

Name of the applicant

Gist of the proposal

FDI (Rs.  in crore)

1

Aashiyaan Housing & Development
finance Pvt Ltd

Approval for foreign investments from M/s Insitor Impact
South Asia Pte Ltd, Singapore and M/s Oikocredit Ecumenical Development
Cooperative Society U.A, Netherlands (‘foreign investors’) to commence
its operations as a micro housing finance company in eastern India focusing
on Tier II and Tier III towns and surrounding rural areas.

10.00

2

India Ports & logistics Pvt Ltd

Acquisition of additional stake of up to 70.40% of M/s
India Ports & Logistics Private Limited by M/s Bollore Africa Logistics
SAS

 75.35

3

Principal Pnb
Asset management Pvt Ltd

Post-facto approval for the indirect foreign
investment made in M/s MF utilities India Private Limited

0.05

4

Invesco Asset Management Pvt Ltd

Post-facto approval for the indirect foreign
investment made in M/s MF Utilities India Private Limited

0.05

S. No

Name of the applicant

Gist of the proposal

1

CRISIL Ltd

Undertaking
peer-to-peer lending platform business by itself or through one of its
subsidiaries.