Conversion of non-repatriable equity into repatriable equity under the automatic route

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....ent Indians (NRI) Made in foreign exchange on non-repatriable basis was allowed to be made fully repartiable whereas investment  made in India rupees through rupee account continued To  remain non-repatriable. 2. Proposal for conversion of NRI investment into repartriable equity are hitherto being considered by the FIPB for approval.This Procedure has been reviewed in the context of v....

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