Announcement
14 Jul 2014
Partly paid shares and warrants issued by an Indian company are made eligible for investments by foreign investors.
Source
Number of interventions
1
0 certainly harmful
0 likely harmful
1 liberalising
Implementation date
14 Jul 2014
Revocation date:
No revocation date
On 4 July 2014, the Reserve Bank of India through RBI/2014-15/123 A.P.(DIR Series) Circular No.3 allowed partly paid shares and warrants as eligible instruments for the purpose of Foreign Direct In...
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