January 23rd, 2012
The Reserve Bank of India has releases revised guidelines covered overseas borrowings by companies in India.
October 9th, 2010
The RBI has issued a notification for stricter enforcement of reporting norms in the case of share issuance to non-residents under the Foreign Direct Investment (FDI) Scheme.
September 4th, 2010
The RBI has permitted the refinancing of domestic loans in certain specified infrastructure sectors by external commercial borrowings under certain specified conditions.
August 9th, 2010
The Indian Government issued a significant clarification relating to lock-in restrictions on foreign investment in Press Note 2 of 2005 compliant construction-development and housing projects. The clarification increases the restrictions on repatriability of the investment by re-defining what constitutes the original investment.
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