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of <h1>RBI Eases Overseas Investment Rules: Companies Can Invest Up to 400% of Net Worth Abroad, Increases Equity Limits.</h1> The circular issued by the Reserve Bank of India (RBI) announces the liberalization of regulations governing overseas direct investments. The permissible limit for Indian companies investing in joint ventures or wholly-owned subsidiaries abroad has been increased from 300% to 400% of their net worth, and for registered partnership firms, from 200% to 400%. Additionally, listed Indian companies can now invest up to 50% of their net worth in foreign equities and rated bonds, up from 35%, with the removal of the reciprocal 10% shareholding requirement. Authorized Dealer Category - I banks are instructed to inform their clients of these changes.
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