As another step towards ease of doing business in India, the Reserve Bank of India (‘RBI’) has relaxed certain conditions relating to Foreign Investments in India, with effect from 7 November 2017. The RBI has issued consolidated Regulations for Foreign Investments in India vide Notification No. FEMA.20(R) dated 7 November 2017, in supersession of earlier Notification No.FEMA.20 dated 3 May 2000...

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