https://www.taxtmi.com/circulars?id=1889 Authorised dealers may designate selected branches to undertake foreign exchange transactions relating to Indian direct investment in overseas joint ventures or wholly owned subsidiaries; a list of such branches must be forwarded to the Reserve Bank's Exchange Control Department, Overseas Investment Division, for record, and authorised dealers should notify their constituents of the arrangement. The directions are issued under the statutory powers conferred by the foreign exchange law. en-us Tue, 30 Apr 2002 00:00:00 +0530 Fri, 03 Oct 2008 13:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=1889 Authorised dealers may designate selected branches to undertake foreign exchange transactions relating to Indian direct investment in overseas joint ventures or wholly owned subsidiaries; a list of such branches must be forwarded to the Reserve Bank's Exchange Control Department, Overseas Investment Division, for record, and authorised dealers should notify their constituents of the arrangement. The directions are issued under the statutory powers conferred by the foreign exchange law. Circulars FEMA Tue, 30 Apr 2002 00:00:00 +0530 https://www.taxtmi.com/circulars?id=1889