Entries by Vinod Kothari Consultants

RBI’s First Monetary Policy for FY 2018-19

Anita Baid finserv@vinodkothari.com   The Reserve Bank of India (RBI) released its first monetary policy statement for FY 2018-19 on April 05, 2018[1] (‘Policy Statement’). The aforesaid statement sets out various developmental and regulatory policy measures for the financial sector. It aims at strengthening regulation and supervision; broadening and deepening financial markets; improving currency management; […]

Cross border mergers will soon be reality

RBI notifies FEMA regulations for inbound & outbound mergers By CS Vinita Nair corplaw@vinodkothari.com The Reserve Bank of India (‘RBI’) on April 28, 2017 proposed draft of Foreign Exchange Management (Cross Border Merger) Regulations, 2017[1] which covered regulations in relation to merger, demerger, amalgamation or arrangements between Indian company (ies) and foreign company[2] (ies). These regulations were […]