‘FPI can be reclassified as FDI if stake exceeds 10%’

The Reserve Bank of India (RBI) has introduced a new framework that allows foreign portfolio investments (FPIs) to be reclassified as foreign direct investments (FDI) if they exceed a 10% ownership threshold in an Indian company. This move aims to simplify investment procedures for foreign investors and encourage long-term engagement in the Indian market.

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