Thursday, January 23, 2020

RBI reopens Allotment of Investments Limit under Revised Voluntary Retention Route for Investments by Foreign Portfolio Investors

The Reserve Bank of India (RBI) introduced the Voluntary Retention Route (VRR) for Investments by Foreign Portfolio Investors (FPIs) on March 01, 2019. An amount of ₹ 75, 000 crores was offered for investments in two tranches so far. As of December 31, 2019, around ₹ 54,300 crores have already been invested under the scheme. […]

The post RBI reopens Allotment of Investments Limit under Revised Voluntary Retention Route for Investments by Foreign Portfolio Investors appeared first on Taxscan | Simplifying Tax Laws.



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