Foreign Exchange Management (Non-debt Instruments) (Second Amendment) Rules 2021
21
Aug
Foreign Exchange Management (Non-debt Instruments) (Second Amendment) Rules 2021 Subject – Economy Context – RBI, IRDAI nod must for FDI in bankled insurance. Concept – Applications for foreign direct investment in an insurance company promoted by a private bank would be cleared by the RBI and IRDAI to ensure that the 74% limit of overseas investmentis not breached. The changes […]