RBI liberalizes overseas investment norms! Isn't that great!
Liberalization, economic advancement, accelerating GDP, expanding exports of services and the rupee becoming stronger – this changing scenario has lead the Reserve Bank of India (RBI) to take action and how! The inflow of Foreign Direct Investment (FDI) and expectations of large dollar remittances have impelled the RBI to set the Indian dream free, and Indian firms have gained more flexibility in investments.
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