Overseas Investment payment may use banking remittances, compliant account funds, securities swaps, depositary receipt proceeds, or external borrowings. Mode of payment for Overseas Investment by a person resident in India is permitted through banking-channel remittances, funds held in an account ... Summary
Overseas Investment payment may use banking remittances, compliant account funds, securities swaps, depositary receipt proceeds, or external borrowings.
Mode of payment for Overseas Investment by a person resident in India is permitted through banking-channel remittances, funds held in an account maintained under the Act, or a swap of securities. Overseas Direct Investment or an Indian entity's financial commitment by way of debt may also be funded from proceeds of American Depositary Receipts, Global Depositary Receipts, stock-swaps of those receipts, or external commercial borrowings raised in accordance with applicable law.
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