Wednesday, December 8, 2021

Banks do not need RBI permission to invest, pull back overseas investments

​​In the additional measures announced after the monetary policy review governor Shaktikanta Das said banks will no longer need regulatory clearance to invest or repatriate capital from their overseas subsidiaries.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-do-not-need-rbi-permission-to-invest-pull-back-overseas-investments/articleshow/88159522.cms

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