
The Reserve Bank of India plans to tighten regulations on international money transfers by Indian residents, targeting foreign currency deposits with lock-in periods. These modifications aim to prevent the Liberalised Remittance Scheme from being used for passive wealth shifting, a concern for the RBI.
from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/lJcOqoi
https://ift.tt/GYIaNAd
0 Comments