Capital Account Transactions
"Capital Account Transaction" means transactions which alters the assets or liabilities, including contingent liabilities outside India, of persons resident in India or assets or liabilities, in India, of persons resident outside India. It is measure of the Investments and long terms loans received in India and investments done outside India.
Features
Kotak Mahindra Bank’s wide network of corresponding banks, guidance from a team of subject matter experts & optimal documentation.
Eligibility
Eligibility for various capital account transactions is based on the nature of transaction and corresponding extant regulatory guidelines.
Foreign Direct Investment - AD Bank
“Foreign Direct Investment” means investment through equity instruments by a person resident outside India in an unlisted Indian company; or in ten per cent or more of the post issue paid-up equity capital on a fully diluted basis of a listed Indian company.
Open a current account with Kotak Mahindra Bank and enrol for this service.
Features
Swift settlement of funds, guidance from a team of subject matter experts for FDI & regulatory reporting and pre-assessed documentation.
Eligibility
Any company eligible to receive Foreign Investments as per sectoral guidelines published by Govt. of India.
External Commercial Borrowings - AD Bank
Foreign currency loans extended to Indian borrowers by recognized non-resident lenders defined under extant regulatory guidelines. These are widely used in India to facilitate access to foreign money by Indian corporations and PSUs.
Open a current account with Kotak Mahindra Bank and enrol for this service.
Features
Kotak Mahindra Bank’s wide network of correspondent banks, guidance from a team of subject matter experts & optimal documentation aligned with regulatory guidelines.
Eligibility
All recognized entities who are eligible to receive FDI can receive ECB, provided the end use, pricing guidelines and average maturity period is adhered.
Overseas Direct Investment-AD Bank
An investment made outside India by Indian corporates in a Joint Venture (JV) or Wholly Owned Subsidiary (WOS) either under Automatic Route or Approval Route.
Open a current account with Kotak Mahindra Bank and enrol for this service.
Features
Kotak Mahindra Bank’s wide network of correspondent banks & guidance from a team of subject matter experts.
Eligibility
a Company, a body created under an Act of Parliament, a Partnership Firm registered under the Indian Partnership Act, 1932, Limited Liability Partnership (LLP), registered under the Limited Liability Partnership Act, 2008. Any other entity in India, as notified by the RBI. Resident Individuals under the Liberalised Remittance Scheme (LRS)
