India’s RBI Introduces Framework for Converting FPI to FDI in Indian Companies
The Reserve Bank of India (RBI) has streamlined the process for Foreign Portfolio Investors (FPIs) to reclassify their holdings as Foreign Direct Investment (FDI) if their stake in an Indian company exceeds 10 percent.
RBI issues new framework for reclassification of FPI to FDI
Any FPI investing in breach of the prescribed limit should have the option of divesting their holdings or reclassifying such holdings as FDI within five trading days from the date of settlement of the trades causing the breach, the RBI notification said.
RBI, Sebi issue framework for reclassifying FPI investments as FDI
MUMBAI: The Reserve Bank of India (RBI) and the Securities and Exchange Board (Sebi) have directed foreign portfolio investors (FPIs) to obtain necessary approv
RBI, Sebi unveil rules for converting excess investment by FPIs into FDI
Financial regulators Reserve Bank of India (RBI) and the Securities and Exchange Board of India (Sebi) on Monday directed foreign portfolio investors (FPIs) to obtain necessary approvals from the government and concurrence from the investee companies in cases of acquisition of equity holdings beyond the prescribed limits.
India cenbank issues operational framework for reclassification of FPI to FDI
India's central bank on Monday released an operational framework for reclassifying equity investments made by foreign portfolio investors (FPI) that exceed the prescribed limit as foreign direct investment (FDI).
‘FPI can be reclassified as FDI if stake exceeds 10%’
The Reserve Bank of India (RBI) has introduced a new framework that allows foreign portfolio investments (FPIs) to be reclassified as foreign direct investments (FDI) if they exceed a 10% ownership threshold in an Indian company.
FPI Can Go Beyond 10% In Listed Company By Reclassifying Investment As FDI: RBI
In case the FPI intends to reclassify its foreign portfolio investment into FDI, the FPI shall obtain approvals/concurrence from the government and the concerned Indian investee company.
RBI issues rules for converting excess FPI to FDI in Indian firms
RBI introduces operational framework for reclassifying foreign portfolio investments as foreign direct investment if holdings exceed the permissible limit, effective immediately.
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