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of <h1>RBI Eases Rules for Overseas Investment: Indian Firms Can Invest 100% Net Worth Abroad Automatically.</h1> The Reserve Bank of India issued guidelines to simplify and liberalize overseas direct investment by Indian entities. Indian firms can now invest up to 100% of their net worth or USD 10 million abroad under the Automatic Route, except for financial services, which require additional compliance. Investments through Special Purpose Vehicles and share swaps have been included under the Automatic Route, subject to specific conditions. Indian entities in the financial sector must obtain regulatory approvals before investing abroad. Restrictions on diversification and step-down investments for joint ventures or wholly-owned subsidiaries have been eased, and prior approval for share transfers is no longer required if eligibility norms are met.
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