Finance Newsletter – July 2022 Edition
This edition of the Finance Newsletter covers recent notifications issued by the Reserve Bank of India and the Ministry of Finance. Some of the significant developments include:
- Prior approval for takeover/acquisition of control of non-bank Payment System Operators;
- Overseas foreign currency borrowings of authorized dealer category-I;
- International trade settlement in Indian rupees;
- Investment by foreign portfolio investors in debt;
- Zero coupon zero principal instrument;
- Amendment to the International Financial Services Centers Authority (Finance Company) Regulations, 2021; and
- Setting up of the Financial Services Institutions Bureau.
To read further details, please refer to the below document.
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