Regulatory update: Liberalization of the overseas direct investment regime
August 24, 2022
The Reserve Bank of India (“RBI”) had issued Draft Foreign Exchange Management (Overseas Investment) Regulations, 2021 inviting stakeholder comments in August 2021. The Reserve Bank of India in consultation with the central Government has now revamped the regulatory regime governing overseas direct investment (ODI) from India. The new regulatory framework will enable Indian companies to leverage their onshore and offshore balance sheets as well as assets to access both domestic and offshore forms of financing. We present to you a brief snapshot of the key changes brought about by the Revised ODI Framework.
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