🇮🇳RBI JUST PROPOSED THE BIGGEST REWRITE OF INDIA'S FOREIGN INVESTMENT RULES SINCE 2019.
RBI says it wants to make foreign investment rules simpler.
New framework separates procedural FEMA rules from FDI policy, meant to let India change investment policy faster without a full regulatory overhaul each time.
Buried inside: a new control test that could reshape how every cross-border deal into India gets structured.
"Simplification" and "biggest rewrite since 2019" rarely mean the same thing, but here they're the same draft.
@AxisBank@AxisBankSupport my mother holds axis altas from which we transferred edge miles to Accor on 1 jan later got confirmation on 3rd jan that points has been transferred but it was not credited to Accor account.
@FI_InvestIndia@OlaElectric My sooter had issue that it stops midway and ask to restart it. I had given my scooter in service centre on 21 oct to resolve the issue they said it will take 15 days after 15 days i tried to connect with them. No one is picking up the call.