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India: Eased requirements for domestic companies to raise foreign capital

Description

On 27 September 2013, the Indian Ministry of Finance amended regulations making it easier for unlisted Indian companies to raise capital abroad. Before the amendment, unlisted companies in India were ...

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Intervention Details

Intervention Type

Controls on credit operations

MAST Chapter

Capital control measures

Implementation date

27 Sep 2013

Revocation date

27 Sep 2015

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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