J SRIDHAR
11 years 1 month ago
We are talking about foreign investments in India and Indian investors acquiring companies overseas. The regulations and RBI guidelines are so confusing and even the Authorized Dealer which is Bank is not able to help. One particular request goes up and down for weeks before a decision is given. Even when deals are done transparently RBI looks at it with suspension. The government agencies should be friendly and solutions within the frame work of law has to be provided. Sridhar, Coimbaore, Tami
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