Wednesday, 23 September 2015

RBI to soon release draft paper on relaxing ECB norms: Shaktikanta Das


Economic Affairs Secretary Shaktikanta Das
Besides, he said, the government is also planning to remove various conditionality and restrictions to make the foreign direct investment (FDI) policy more progressive and make the country an attractive investment destination.
  
"We are in close discussions with RBI. We have had a few discussions in the last few weeks and very shortly, based on mutual discussions between the Finance Ministry and RBI, the Reserve Bank will be putting out a draft paper for liberalisation of certain ECB norms," Das said while addressing an Assocham conference. http://post.jagran.com/rbi-to-soon-release-draft-paper-on-relaxing-ecb-norms-shaktikanta-das-1443007791

Source: Latest News  from Business News
    

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