The Reserve Bank of India has issued an operational framework to classify foreign portfolio investments as foreign direct investments if a breach of investment limits occurs. This framework, with ...

New guidelines have been introduced by the Reserve Bank of India (RBI) for the Domestic Money Transfer (DMT), which would ...

RBI introduces operational framework for reclassifying foreign portfolio investments as foreign direct investment if holdings ...

The Reserve Bank of India (RBI) has rolled out a new framework for Domestic Money Transfer (DMT) in July 2024, targeting ...

KYC is a process that involves providing proof of identity and address to open or maintain a bank account. KYC guidelines are ...

The revised regulations are intended to improve the security of domestic money transfers and ensure compliance with current ...

The RBI's framework requires FPIs to obtain necessary government ... This approach balances attracting foreign capital with ...

Trending Photos New Delhi: The Reserve Bank of India (RBI) has recently made changes to the Know Your Customer (KCC) norms to ...

Banks and Business Correspondents (BCs) must verify the remitter’s cell phone number and documents. Remitters will be ...

The new framework aims to streamline foreign investments, offering FPIs a compliant route to maintain stakes in Indian firms ...

and other conditions laid down under the FDI rules. The concurrence of the Indian investee company would also be required for the reclassification of FPI into the FDI, as per the framework shared by ...

The Reserve Bank of India introduces guidelines allowing foreign portfolio investors exceeding 10% in a company to convert their stakes into foreign direct investment (FDI). This move aims to ...