Administration of overseas investment rules rests with the Reserve Bank, including power to issue implementation directions and clarifications. Administration of the Foreign Exchange Management (Overseas Investment) Rules, 2022 is vested in the Reserve Bank, which may issue directions, circulars, ... Summary
Administration of overseas investment rules rests with the Reserve Bank, including power to issue implementation directions and clarifications.
Administration of the Foreign Exchange Management (Overseas Investment) Rules, 2022 is vested in the Reserve Bank, which may issue directions, circulars, instructions and clarifications necessary for effective implementation of the overseas investment framework.
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