Firms investing abroad may face thorough scrutiny, says report
Updated : May 28, 2018 09:33 AM IST
RBI officials indicated towards this plan during a meeting held to discuss the rules on overseas direct investment (ODI) with advisers and legal experts.
The track record criterion existed in the past, but was done away to encourage businesses.
Officials also indicated towards a more pragmatic approach on inbound investment by overseas companies.
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