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RBI Eases Ban for those Looking to Buy Stake of Foreign Firms in India - (04 Oct 2019)

BANKING

Reserve Bank of India (RBI) has clarified that there would be no “blanket ban” on Indian companies wanting to buy stakes in overseas firms, which already have investments in India under the automatic route. An approval from the apex bank would be required, though.

Tags : RBI   FOREIGN FIRMS  

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