Reserve bank of India (RBI)
Amendment in Regulations: Foreign Exchange Management (Transfer or Issue of Any Foreign Security) (Amendment) Regulations, 2015: Reserve Bank of India has issued Notification No. FEMA. 359/2015-RB, dated 2nd Dec, 2015 further amending Foreign Exchange Management (Transfer or Issue of Any Foreign Security) Regulations, 2004 by inserting the following provisos: a. Amendment to Regulation 21(2)(ii) After …