RBI relaxes Overseas Portfolio Investments
The Reserve Bank of India (RBI) has relaxed several rules governing overseas investments. Particularly in the area of Overseas Portfolio Investments (OPIs). The RBI on Friday updated the Foreign Exchange Management (Overseas Investment) Rules, 2022. Which includes provisions related to OPI and relaxed several restrictions. Existing Paragraph 24(1) of FEM (OI) Directions, 2022 is replaced Read more: RBI relaxes Overseas Portfolio Investments..