JAWAHAR UDAYABHANU

Now under the automatic route FDI in, ‘leasing and finance’ is possible 100 per cent, subject to minimum capitalisation norms. It is only in ‘financial leases’ (financial leasing activity) and not in ’operating leases’ (operating leasing activity).
The relevant circular is RBI/2011-12/542 A. P. (DIR Series) Circular No.121 May 08, 2012