RBI relaxes overseas investment rules for offshore funds.

Banking & Finance

The Reserve Bank of India has allowed listed Indian companies and resident individuals to invest in offshore funds that are regulated through their fund managers. These investments can be in any instrument, regardless of its form, and in funds set up as limited partnerships, LLC, VCCs, companies or trusts.


      Investment can be in any instrument, regardless of its form, and in funds set up as limited partnerships, LLCs, VCCs, companies or trusts.

      Until now, overseas portfolio investment (OPI) was permitted only if the ‘funds’ were regulated in their home jurisdiction and the investments were in ‘units’ of the funds.

     

 

     


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CEO -Shaktikanta Das
HQ - New Delhi
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