November 22, 2024 19:24 (IST)
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SEBI allows NRI, OCI participation in IFSC-based FPIs to bolster investments in India

SEBI allows NRI, OCI participation in IFSC-based FPIs to bolster investments in India

Mumbai: The Securities and Exchange Board of India (SEBI) has approved major changes to enhance investments in India by Foreign Portfolio Investors (FPIs) based in International Financial Services Centres (IFSCs), media reported.

NRIs, OCIs don't need RBI's approval for buying immovable property in India

NRIs, OCIs don't need RBI's approval for buying immovable property in India

Mumbai/IBNS: The Reserve Bank of India (RBI) has said NRIs and OCIs do not need its prior permission for the sale and transfer of immovable properties in India, other than agricultural land, farm houses, plantation properties.