Reserve Bank of India eases FDI rules in bid to attract funds

The Reserve Bank of India (RBI) on Thursday relaxed foreign direct investment regulations to allow investors to exit their investments subject to the conditions of a minimum lock-in period and without any assured returns.

The RBI said the relaxation was expected to facilitate great foreign direct investment (FDI) inflows into the country.

Asia’s third-largest economy saw FDI inflows from April to October in 2013 drop 15 percent from a year earlier to $12.6 billion, despite the opening of new sectors.


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Mingze Wu

Mingze Wu

Currency Analyst at Market Pulse
Based in Singapore, Mingze Wu focuses on trading strategies and technical and fundamental analysis of major currency pairs. He has extensive trading experience across different asset classes and is well-versed in global market fundamentals. In addition to contributing articles to MarketPulseFX, Mingze centers on forex and macro-economic trends impacting the Asia Pacific region.
Mingze Wu