Global Trade Alert
Global Trade Alert

India: Reduced restriction for issue of non-convertible/redeemable bonus preference shares or debentures to non-residents

Announcement

06 Jan 2014

In January 2014, the government of India announced changed rules for foreign investors.

Source

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

1 in force

Implementation date

06 Jan 2014

Revocation date:

No revocation date

FDI: Entry and ownership rule In force

On 6 January 2014, the Reserve Bank of India (RBI) amended a rule allowing the issue of non-convertible/redeemable preference shares or debentures by Indian companies from their general reserve accoun...

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