<h1>RBI Updates FDI Norms: New Guidelines on Foreign Investment, Ownership Transfers, and Downstream Investments in Indian Companies.</h1> The Reserve Bank of India (RBI) has amended the Foreign Direct Investment (FDI) norms concerning ownership, as per a notification dated June 7, 2013. This update provides guidelines on calculating total foreign investment in Indian companies, transferring ownership, controlling Indian companies, and downstream investments by Indian companies. The notification aims to implement previous Press Notes and the Consolidated FDI Policy Circular. The changes followed extensive consultations with stakeholders, including various government ministries and agencies. The Minister of State for Finance announced these developments in a written response to a question in the Lok Sabha.