RBI's Round Tripping Restrictions
The RBI a few months ago, clarified its position with respect to round tripping in its Frequently Asked Questions. Recently, it further clarified how these cases will be handled at its end under the approval route. How do these rules impact businesses? What should one do if one needs to invest in a company that has investments in an Indian entity? Moin Ladha, Partner, Corporate and M&A clarifies in this video.