January 23 2012 / Client Alert
Master Circular on External Commercial Borrowings
The Reserve Bank of India has released revised guidelines covered overseas borrowings by companies in India....
October 09 2010 / Client Alert
Reporting under the FDI Scheme
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 04 2010 / Client Alert
ECB Takeout Financing Permitted
The RBI has permitted the refinancing of domestic loans in certain specified infrastructure sectors by external commercial borrowings under certain specified conditions....
August 09 2010 / Client Alert
Government clarifies Lock-in norms for Real Estate FDI
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 ......