https://www.taxtmi.com/acts?id=40945 Registered trusts and societies in education or healthcare may make ODI in foreign entities in the same sector with prior Reserve Bank approval and meeting conditions on existence, constituent documents, internal approvals and licences. Mutual funds, venture capital funds and alternative investment funds may acquire or transfer foreign securities subject to SEBI and Reserve Bank terms, with transactions routed through designated authorised dealer banks and treated as OPI. SEBI approved clearing corporations may maintain foreign demat accounts for collateral securities; domestic depositories may hold foreign securities to issue Indian Depository Receipts; AD banks may transact foreign securities per host jurisdiction rules. en-us Tue, 23 Aug 2022 15:24:26 +0530 Thu, 29 May 2025 12:48:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=40945 Registered trusts and societies in education or healthcare may make ODI in foreign entities in the same sector with prior Reserve Bank approval and meeting conditions on existence, constituent documents, internal approvals and licences. Mutual funds, venture capital funds and alternative investment funds may acquire or transfer foreign securities subject to SEBI and Reserve Bank terms, with transactions routed through designated authorised dealer banks and treated as OPI. SEBI approved clearing corporations may maintain foreign demat accounts for collateral securities; domestic depositories may hold foreign securities to issue Indian Depository Receipts; AD banks may transact foreign securities per host jurisdiction rules. Act-Rules FEMA Tue, 23 Aug 2022 15:24:26 +0530 https://www.taxtmi.com/acts?id=40945