- News>
- Finance & Markets
RBI extends the liberalised facilities beyond June 30
Mumbai, June 01: RBI has extended the liberalised facilities in capital account transactions, including acquisition of foreign securities by resident individuals under ESOP scheme, beyond June 30, 2003, till further notice.
Mumbai, June 01: RBI has extended the liberalised facilities in capital account transactions, including acquisition of foreign securities by resident individuals under ESOP scheme, beyond June 30, 2003, till further notice.
Some of other measures pertain to retention of proceeds of American and Global depository receipts, acquisition of immovable property outside India - branches/ trading offices overseas - and overseas investments by corporates, individuals and mutual funds, RBI said in a circular on Saturday.
Bureau Report