Under the Liberalised Remittance Scheme (LRS), resident Indians can invest up to $250,000 per financial year in foreign markets. The Reserve Bank of India's (RBI) Overseas Investment Guidelines ...
It has also dispensed approval requirements ... Until now, only RBI-registered NBFCs were allowed to do overseas investment in foreign fintech companies or those involved in financial services.
Foreign Direct Investment in the insurance sector became a reality. With this, almost every sphere of financial services is ...
MUMBAI: The Reserve Bank of India (RBI ... prior government approval before making the additional investments. Further, FPIs have to explain the intention to reclassify the investment as FDI ...
and streamline your search for investment opportunities using Tipranks' Stock Screener HDFC Bank has received approval from the Reserve Bank of India (RBI) to acquire up to 9.50% of share capital ...
(Reuters) The Reserve Bank of India (RBI) on Tuesday announced the hike in foreign portfolio investors’ (FPIs) investment limits in central government securities (G-Secs) by Rs 6,400 crore ...
He further explained, “Other methods outlined by the RBI for calculating foreign investment ... the total capital investment ...
as the RBI’s rate cut did not spring any major surprise for the markets and investors turned to profit-taking amid foreign fund outflows. Registering its third day of decline, the 30-share BSE ...
the Company has today received from the Reserve Bank of India approval for conversion of the Company from Non-Banking Financial Company to Core Investment Company." According to the Reserve Bank ...