Announcement
21 Jan 2019
India has removed the requirement to obtain approval from the Reserve Bank of India for opening up an office in India in certain sectors if an approval/license has already been received from the government.
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Number of interventions
1
0 certainly harmful
0 likely harmful
1 liberalising
List of interventions
Implementation date
21 Jan 2019
Revocation date:
No revocation date
Updated: 21 Jan 2019
FDI: Entry and ownership rule
In force
On 21 January 2019, the Reserve Bank of India through Notification No. FEMA 22 (R)/(2)/2019-RB amended the regulations for the establishment of a branch/project/liaison office or any other pla...
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