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<h1>New Overseas Investment Rules: Indian Trusts, Funds & Banks Get Green Light with Conditions</h1> The guidelines for overseas investment by persons resident in India, excluding Indian entities and resident individuals, under the Foreign Exchange Management (Overseas Investment) Rules, 2022. Registered trusts or societies in the educational or healthcare sectors can invest abroad with Reserve Bank approval, provided they meet specific conditions. Mutual funds, venture capital funds, and alternative investment funds can invest in foreign securities within limits set by SEBI and the Reserve Bank. Clearing corporations and members can hold foreign securities as collateral, while domestic depositories can manage foreign securities for issuing Indian Depository Receipts. Authorized Dealer banks can acquire or transfer foreign securities per host country regulations. Certain investments by banks and partnerships are also specified under the Liberalized Remittance Scheme or government approval routes.