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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.
Firms investing abroad may face thorough scrutiny, says report

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