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The Reserve Bank of India ("RBI") has issued notification dated October 04, 2017, pursuant to which every commercial bank, primary (urban) co-operative bank...

Earlier Non-Banking Financial Companies (NBFCs) had been directed to give three months’ prior public notice of the intention to sell or transfer ownership whether by way of sale of shares or transfer of control without sale of shares in a leading national newspaper and another leading vernacular newspaper.

The Liberalized Remittance Scheme (Scheme) notified by the Reserve Bank of India (RBI) for provision of simplified foreign exchange facilities to resident individuals, has been amended periodically to further liberalize the remittance limits that may be availed of by residents for permissible capital and current account transactions or a combination thereof.

With a view to provide enhanced opportunities to invest overseas, the Reserve Bank of India ("RBI"), had on 16<SUP>th</SUP> November 2006, increased the ceiling on investments by Mutual Funds registered with the Securities and Exchange Board of India ("SEBI"), pursuant to which the aggregate ceiling for overseas investments by SEBI registered Mutual Funds was enhanced from the then existing limit of USD 2 billion to USD 3 billion

Earlier, the Reserve Bank of India had enhanced the limit for prepayment of External Commercial Borrowings (ECB) under the ECB Policy to USD 400 million from the earlier limit of USD 300 million.

Earlier, the Reserve Bank of India ("RBI") had permitted resident entities having overseas direct investments in equity and loans, to hedge the exchange risk arising out of such investments.

The Reserve Bank of India ("RBI") has, vide its circular dated 30<SUP>th</SUP> April 2007, and in consultation with the Securities and Exchange Board of India ("SEBI"), decided to permit investment by Indian Venture Capital Funds (VCFs), registered with SEBI, in equity and equity-linked instruments of off-shore venture capital undertakings.

100% Foreign Direct Investment (FDI) under the automatic route is permitted in townships, housing, built-up infrastructure and construction-development projects to create employment opportunities, generate economic activity and supplement available housing stock and built-up infrastructure, circumscribed by certain limitations in respect of the minimum area required to be developed in the case of serviced housing plots and construction development projects and capitalization for FDI by wholly ow

In a recent move, the Government of India has decided to adopt a new policy in respect of foreign investments in infrastructure companies in the securities market.

The Reserve Bank of India ("RBI") has vide its recent notification dated 4<SUP>th</SUP> November 2006 liberalized the External Commercial Borrowing (ECB) guidelines enabling corporates to now raise ECB for an additional USD 250 million

The External Commercial Borrowings (“ECB”) policy has from time to time been reviewed and modified by the Reserve Bank of India (“RBI”) in light of changing economic trends and market conditions.

As provided in Rule 5 of the Foreign Exchange Management (Current Account Transactions) Rules, 2000, prior approval of the Reserve Bank of India (RBI) is required for drawing foreign exchange for remittance for purchase of a trademark or franchise in India

Securities Exchange Board of India in its Board Meeting on 23rd November 2016 has approved the following amendments to the SEBI Regulations, 2012 with respect to ‘Angel Funds'.

The Reserve Bank of India ("RBI"), with a view to simplify procedures and providing enhanced flexibility in respect of foreign exchange transactions, had liberalized the remittance scheme by enhancing the then existent remittance limit of USD 25,000.

Initially, Foreign Direct Investment (FDI) up to 49% was permitted in companies investing in the infrastructure / services sector excluding the telecom sector.

We recently conducted a webinar on the ‘Introduction of Minimum Capitalization Norms for Financial Services – Implications on Existing Structures'.

The RBI has issued the RBI (Commercial Banks – Asset Classification, Provisioning and Income Recognition) Directions 2026 (‘Directions’) to commercial banks, corresponding new banks, and the State Bank of India (‘SBI’) ...

The Reserve Bank of India (RBI), through Circular No. RBI/DOR/2025-26/144 dated November 28, 2025, has issued a significantly updated framework governing the establishment and operation of Wholly Owned Subsidiaries (WOS) by foreign banks in India.