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

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....riable 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 various liberalization measures taken by the Government in the recent ....