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    <title>RBI proposes fresh Regulations under Foreign Exchange Management Act, 1999 for Cross Border Mergers: Invites comments from stakeholders</title>
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    <description>RBI proposes draft Foreign Exchange Management (Cross Border Merger) Regulations under FEMA to govern cross-border merger, demerger, amalgamation or rearrangement transactions involving Indian and foreign companies, stipulating conditions and compliance requirements aligned with recently issued amendment rules operationalising international mergers. The Reserve Bank has published the draft for public consultation and invited stakeholders and experts to submit comments by the specified deadline via email.</description>
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