RBI Increases Equity Investment Limit for NRIs and OCIs
Mumbai, June 5: The Governor of the Reserve Bank of India (RBI), Sanjay Malhotra, announced on Friday that the investment limit for Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs) in equity instruments traded in the stock market will be increased without the need for Securities and Exchange Board of India (SEBI) registration. In ... Read more RBI Increases Equity Investment Limit for NRIs and OCIs